Tariffs Can Be Used to Redistribute Income from

question 43

Multiple Choice

Tariffs can be used to redistribute income from

• A)abundant factors to scarce factors.
• B)consumers to domestic producers.
• C)from one country to another.
• D)All of the above.

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Definitions:

Straight-Line Methods

Straight-line methods are used in accounting to allocate the cost of an asset evenly over its useful life for the purposes of depreciation.