Which of the Following Statements Is True of Tariffs

question 79

Multiple Choice

Which of the following statements is true of tariffs?

• A) They are the major source of government revenue in developed nations.
• B) They increase products' appeal to buyers.
• C) They lower the effective prices of imports.
• D) They protect domestic producers.

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Definitions:

The Migration of the Negro

A series of paintings by artist Jacob Lawrence depicting the mass movement of African Americans from the rural South to the urban North in the early 20th century.

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Postmodernist

Pertaining to Postmodernism, a late 20th-century movement across various fields that emphasizes skepticism towards grand narratives, preferring instead to focus on individual perspective and cultural context.

Piazza d'Italia

Refers to a public square, often known as Italy Square in various cities, or specifically to the postmodern architectural project designed by Charles Moore in New Orleans.