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.

---

Definitions:

Decision Trees

A graphical representation used for making decisions, showing different courses of action and the potential outcomes or risks associated with each.

Decision Tables

A tool used in both computer programming and business decision-making to represent and analyze complex decision rules and logic by organizing actions and conditions in a tabular form.