Examlex
What issues do the Arab Muslim states have to confront in the wake of the Gulf War, September 11th, and the current Iraq War. Were President Bush's calls for support, cast in terms of an ultimatum, prudent? Assess the responses of Muslim nations thus far.
Tariff
A tax imposed by a government on imported or exported goods to protect domestic industries or to generate revenue.
Producer Surplus
The disparity between the amount producers are prepared to take for a product or service and the amount they actually get.
Tariff Revenue
The income generated for a government from taxing imported goods.
Consumer Surplus
The gap between what consumers are prepared and capable of spending on a product or service versus what they actually spend.
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