Examlex

Solved

The Effect of an Export Tariff on a Large Country

question 18

Multiple Choice

The effect of an export tariff on a large country is to ________ the terms of trade.


Definitions:

Distinguish

To recognize or treat someone or something as different from others based on specific characteristics or features.

Broadly Held Corporation

A corporation with a large number of shareholders, distributing ownership across a wide array of investors.

Closely Held Corporation

A type of corporation that has a limited number of shareholders and does not offer its shares for sale to the general public, often family-owned or controlled by a small group of investors.

Determination

The process of making a firm decision or settling a matter with conclusiveness.

Related Questions