Of the Following,who Gains with a Tariff

question 189

Multiple Choice

Of the following,who gains with a tariff?

• A) domestic buyers of the good or service
• B) the importer of the good or service
• C) the foreign exporter of the good or service
• D) the government of the importing nation
• E) the government of the exporting nation

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Definitions:

Better Business Bureau

A non-profit organization focused on advancing marketplace trust by setting standards for ethical business behavior and monitoring compliance.

Fair Practices

Ethical and equitable operational methods that businesses employ to ensure fairness in dealings with stakeholders, such as fair trade or labor rights.

Self-Regulation

is the ability of individuals to manage their own thoughts, emotions, and behaviors to achieve long-term goals.

Industry Watchdog

An organization or group that monitors and reports on the practices and ethics within a specific industry to ensure they abide by legal and ethical standards.