The Imposition of a Tariff Will Typically ________ Government Revenue

question 253

Multiple Choice

The imposition of a tariff will typically ________ government revenue and ________ domestic production of the good.

• A) increase; increase
• B) increase; decrease
• C) decrease; increase
• D) decrease; decrease
• E) increase; not change

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Definitions:

Available Resources

The assets, both tangible and intangible, that are at an organization’s disposal for use in achieving its objectives.

Geographical Structures

Organizational structures that are based on geographical regions, allowing companies to address local preferences and operations.

Differentiate Products

The process of distinguishing a product or service from others in the market to make it more appealing to a particular target segment.

Various Locations

Multiple places or sites that are distinct from one another.