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Mike is the local political agitator and has been on his soap box to denounce the local mayor of the city where he lives. He claims the mayor has stolen from the city treasury and calls on all citizens to march on city hall. During his speech, Mike burns in effigy a likeness of the mayor. Mike was arrested by city police and charged with inciting a riot and slander, as well as making threats against a public official.
Tariff
A tax imposed by a government on imports or exports of goods.
Voluntary Exchange
An economic transaction where two parties willingly trade goods or services without coercion, each party benefiting from the trade.
Domestic Consumers
Individuals or households within a country that purchase goods and services for personal use.
Tariffs
Taxes imposed on imported goods, used by governments to regulate trade and protect domestic industries.
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