Other Things Equal, a Tariff Is

question 80

Multiple Choice

Other things equal, a tariff is:

• A)superior to an import quota for Canadians because a tariff increases the profits of foreign producers.
• B)inferior to an import quota for Canadians because a tariff increases the profits of domestic producers.
• C)superior to an import quota for Canadians because a tariff generates revenue for the federal government.
• D)inferior to an import quota for Canadians because a tariff generates revenue for the federal government.

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Definitions:

Anus

The distal end and outlet of the digestive tract.

Mouth

The opening in the face of a person or animal, used for eating, breathing, and speaking.

Sea Star

Marine invertebrates belonging to the class Asteroidea, known for their star-shaped body and ability to regenerate limbs.

Information Processing

The theory describing how humans think, reason, and learn by transforming sensory input into meaningful information.