If the United States Imposes a Tariff on the Import

question 152

Multiple Choice

If the United States imposes a tariff on the import of Japanese cars instead of a quota, the price

• A)increase in Japanese cars goes into the revenue of U.S.automakers.
• B)increase in Japanese cars goes into the revenue of Japanese automakers.
• C)increase in Japanese cars goes into the revenue of the U.S.government.
• D)decrease in Japanese cars comes out of the revenue of U.S.automakers.
• E)decrease in Japanese cars comes out of the revenue of the U.S.government.

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Definitions:

Supreme Court

The highest judicial body in the United States, responsible for interpreting the Constitution and reviewing laws to ensure they adhere to it.

Unconstitutional

A term referring to actions or laws that violate the constitution of a country or organization.

National Recovery Administration

A New Deal agency, established in 1933, aimed at stabilizing the U.S. economy through regulation of wages, prices, and working hours.

Fundamentalist Preachers

Religious leaders who promote a strict adherence to what they perceive as the fundamental principles of their faith.