Which of the Following Is NOT a Rationale for Tariffs

question 74

Multiple Choice

Which of the following is NOT a rationale for tariffs?

• A) They improve the terms of trade for small and large nations.
• B) They protect jobs and reduce unemployment.
• C) They promote growth and development of young industries.
• D) They promote a level playing field in terms of trade.

Evaluate the economic value of delayed or advanced payments considering the cost of capital.

Understand the impact of interest rates on the valuation of financial transactions.

Distinguish between present value and future value in financial calculations.

Apply mathematical finance principles to solve real-world problems involving payments and loans.

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Definitions:

Gain on Sale

The financial profit earned from selling an asset at a higher price than its purchase price or book value.

Equity Method

A method of accounting that allows an investor to recognize gains and losses through their share of an associate's profits or losses, adjusting the value of their investment accordingly.

IFRS

International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB) for global use.

Entity Theory

A concept in accounting that treats a business as separate from its owners or other businesses, supporting the preparation of separate financial statements.