Which of the Following Statements Is True with Respect to a Tariff

question 43

Multiple Choice

Which of the following statements is true with respect to a tariff on imported cheese?

• A) It lowers the price of cheese.
• B) It lowers domestic cheese producers' profits.
• C) It creates tax revenues for the government.
• D) It cannot result in retaliation.

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Definitions:

Luteinizing Hormone

A hormone produced by the anterior pituitary gland that triggers ovulation and stimulates the production of sex hormones in both males and females.

Melatonin

Hormone (amino acid derivative) secreted by the pineal body; inhibits the secretion of gonadotropin-releasing hormone from the hypothalamus.

Photoperiod

The duration of daylight in a 24-hour period, influencing biological processes in organisms.

Pineal Gland

A small, pine cone–shaped structure that projects from the epiphysis of the diencephalon; produces melatonin; also called pineal body.