In General, Tariffs Tend to Have

question 96

Multiple Choice

In general, tariffs tend to have

• A) only protective effects.
• B) only consumption effects.
• C) only revenue effects.
• D) revenue effects, protective effects, and consumption effects.

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Definitions:

Alexander Hamilton

A Founding Father of the United States, chief staff aide to General George Washington, and the first Secretary of the Treasury.

Opposition in Congress

Instances or movements within the United States Congress where members challenge, resist, or impede policies, legislation, or leadership.

Slave Population

Refers to the people who were forcibly taken from Africa and other regions to work without wages, primarily in the Americas.

Apportioning

The act of distributing or allocating proportionally.