Which of the Following Is Often Used to Raise Revenue

question 112

Multiple Choice

Which of the following is often used to raise revenue for a country and/or to protect domestic products?

• A) Quota
• B) Warning label
• C) Embargo
• D) Import tariff
• E) Exchange control

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Definitions:

Improvement Indices

Metrics or measurements used to gauge the progress or enhancement of processes, systems, or performance over time.

Feasible Solution

In optimization problems, a solution that satisfies all the constraints imposed on the problem, though it might not be the optimal solution.

Transportation Model

A mathematical model used to plan and optimize the transportation of goods between various locations while minimizing costs.