If the Government Decides to Impose a New Tariff on Orange

question 155

Multiple Choice

If the government decides to impose a new tariff on orange juice from Brazil,the tariff would lead to ________ the tariff revenue collected by the U.S.government.

• A) no change in
• B) an increase in
• C) a decrease in
• D) an elimination of
• E) making illegal

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Definitions:

Withdrawal

The act of removing funds from an account, plan, or deposit.

Investment

The process of distributing assets, typically funds, in anticipation of earning revenue or gains.

Compounded Monthly

Pertains to the method of adding interest each month to both the initial principal and the previously accrued interest.

Annual Deposit

A fixed amount of money deposited into an account once every year.