Using Tariffs to Generate Government Revenue Is Most Common Among

question 4

Multiple Choice

Using tariffs to generate government revenue is most common among ________.

• A) developed countries
• B) developing countries
• C) western nations
• D) First World nations

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Definitions:

Garnish

To legally seize funds directly from a debtor’s paycheck or bank account to pay off a debt.

Federal Benefits

Financial or non-monetary assistance provided by the government to eligible individuals, families, or organizations.

Lien

A legal right or interest that a creditor has in the debtor's property, serving as security for the debt or charge.

Garnishment

A legal procedure by which a creditor can collect what a debtor owes by requiring a third party to turn over the debtor's property or wages.