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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.


Definitions:

Donee Beneficiary

A third party that benefits from a contract between two other parties, especially in a gift or donation context.

Contract

A legally binding agreement between two or more parties that outlines obligations and rights of the involved parties.

Promisor

The individual or party that makes a promise or commitment in a contract.

Benefiting Party

Refers to the individual or entity who receives advantage or profit from a legal agreement or act.

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