Other Things Equal, a Tariff Is

question 236

Multiple Choice

Other things equal, a tariff is

• A) superior to an import quota for Americans because a tariff increases the profits of foreign producers.
• B) inferior to an import quota for Americans because a tariff increases the profits of domestic producers.
• C) superior to an import quota for Americans because a tariff generates revenue for the U.S. Treasury.
• D) inferior to an import quota for Americans because a tariff generates revenue for the U.S. Treasury.

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Definitions:

Past Discrimination

Historical instances of unfair or prejudicial treatment towards individuals or groups based on characteristics such as race, gender, or age.

Frequent Travel

Regular and often travel, either for work, leisure, or other purposes.

Interviews

A process in which an interviewer asks questions to a candidate to assess their suitability for a job, scholarship, or other opportunities.

Power Distance

A cultural dimension that reflects the degree to which individuals in a society accept and expect power to be distributed unequally.