Which of the Following Is True

question 87

Multiple Choice

Which of the following is true?

• A) An import quota generates government revenue.
• B) Tariffs on imports generate government revenue as long as the domestic price is larger than the world price plus the tariff.
• C) Tariffs on imports do not generate government revenue if the domestic price is larger than the world price plus the tariff.
• D) Tariffs on imports never generate government revenue.

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Definitions:

Voter Turnout

The percentage of eligible voters who cast a ballot in an election, often used as a measure of political engagement.

Local Elections

Electoral processes where voters select officeholders and make decisions on local issues within their municipality or community.

National Elections

National elections are processes where citizens of a country vote to select their government officials at the federal level, reflecting the democratic principles of the nation.

Party Identification

An individual's affiliation with or loyalty to a political party, often influencing voting behavior and political perspectives.