A Tariff or Quota That Limits the Entry of Foreign

question 180

Multiple Choice

A tariff or quota that limits the entry of foreign goods to the U.S.market will

• A)benefit domestic producers in the protected industries and harm domestic consumers.
• B)increase the nation's real income by protecting domestic jobs from foreign competition.
• C)reduce the demand for U.S.export goods,lowering employment in export industries.
• D)do both a and c.

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Definitions:

Net Operating Income

Income generated from a company's everyday business operations, excluding deductions for interest and taxes.

Tenant-Days

A metric used in real estate management, calculated by multiplying the number of tenants by the number of days occupied.

Net Operating Income

Profit generated from a company’s everyday operations, calculated by subtracting operating expenses from gross profit.

Tenant-Days

A metric used in real estate to measure the total number of days rental units are occupied in a given period.