What Is a TRUE Statement Concerning the Imposition in the U.S.of

question 45

Multiple Choice

What is a TRUE statement concerning the imposition in the U.S.of a tariff on cheese?

• A)It lowers the price of cheese domestically.
• B)It raises revenue for the government.
• C)It raises the price of cheese internationally.
• D)It leads to higher domestic demand for cheese.
• E)It will always result in retaliation from abroad.

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Definitions:

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