Comparing Developed and Developing Nations in Their Use of Tariffs,we

question 244

Multiple Choice

Comparing developed and developing nations in their use of tariffs,we see that

• A) the developing nations' governments get very little revenue from tariffs.
• B) both governments get large amounts of revenue from tariffs.
• C) many developing nations' governments get a large portion of their revenue from tariffs.
• D) developing nations almost never impose tariffs because they want their people to obtain goods and services at the lowest possible price.
• E) developed nations rely much more than developing nations on tariff revenue.

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Definitions:

Adult Children

Individuals who are legally adults but are considered children in relation to their parents or guardians.

Divorce

A formal end to a marriage, decreed by a court or a qualified entity.

Birth Rates

The number of live births per thousand people in a population over a specific period.

Stepparents

Adults who become parents to their spouse's or partner's children from a previous relationship, without being their biological parents.