Of the Following, Who Gains from a Tariff

question 30

Multiple Choice

Of the following, who gains from a tariff?

• A) The government of the exporting country
• B) Producers in the exporting country
• C) The government of the importing country
• D) Consumers in the importing country
• E) Both the government of the exporting country and the government of the importing country

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Definitions:

Time Constraint

A limitation or deadline in a project or task that dictates the time by which objectives must be achieved.

Sintering Department

A division within a manufacturing facility where sintering, a process that fuses particles together by heating them without melting, is performed.

Inequality/Equality

Concepts referring to the state or quality of being unequal or equal, respectively; often used in contexts ranging from mathematics to social sciences.

Production Rates

The speed at which goods are manufactured or produced within a specified timeframe.