Assume that a tariff is imposed on an imported product. The difference between the domestic price and the world price is captured by

A) the government.
B) domestic consumers.
C) domestic producers.
D) foreign exporters.

Domestic Price

The price of goods and services within a country's borders, influenced by local demand and supply conditions.

World Price

The price of a good or service in the international marketplace, influenced by the global dynamics of supply and demand.