Assume That a Country Imposes a Tariff in Order to Gain

question 124

Multiple Choice

Assume that a country imposes a tariff in order to gain a price advantage on an item.What is the typical response from the exporting country?

• A)It accepts the situation and does nothing about it.
• B)It seeks greater efficiency in order to offset the tariff.
• C)It refuses to sell to the country that imposes the tariff.
• D)It retaliates by imposing tariffs or quotas on items from the other country.

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Definitions:

Environmental Factors

Physical, chemical, and biological factors external to a person, and all the related factors impacting behaviours.

Adaptation(s)

The process by which a species becomes better suited to its environment through genetic changes over generations.

Petals

The colorful parts of a flower that are often involved in attracting pollinators.

Outermost Whorl

The first, typically outer layer of structures in a flower, usually made up of sepals that protect the developing bud.