When Chain of Organic Coffee Shops in Portland Purchases Coffee

question 77

Multiple Choice

When chain of organic coffee shops in Portland purchases coffee from Colombia, it

• A) is importing the coffee.
• B) is exporting the coffee.
• C) has an absolute advantage.
• D) is decreasing the balance-of-trade deficit.
• E) is making a big mistake.

Recognize the principles of tax fairness: ability-to-pay and benefits principles.

Apply the understanding of tax impacts to real-world scenarios involving different markets and tax policies.

Evaluate the role of taxes in generating government revenue and their efficiency.

Comprehend the relationship between tax policy and its socio-economic objectives.