Suppose that Country A had a 1 percent tariff on a specific import such as a car that came from Country B. If the government of Country A suddenly increased the tariff to 99 percent, then it's almost guaranteed to collect a substantial amount of extra tariff revenue in the long-run over many years. Multiple Choice All of the statements are correct. This statement is false. Government A would not earn lots of extra tax revenue because Government B would stop exporting their cars with an insulting traiff of 99 percent. Country B would probably regsiter a compliant with the World Trade Organization (WTO) for this unjustified 99 percent tariff. Country B would probably retaliate against Country A by imposing a tariff on all imports coming from them