A Tariff Is a Tax Placed on

question 100

Multiple Choice

A tariff is a tax placed on

• A)an exported good and it lowers the domestic price of the good below the world price.
• B)an exported good and it ensures that the domestic price of the good stays the same as the world price.
• C)an imported good and it lowers the domestic price of the good below the world price.
• D)an imported good and it raises the domestic price of the good above the world price.

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Definitions:

Incentive Payment

A payment or reward offered to motivate or encourage a specific action or achievement, often used in business, healthcare, and employment settings.

Evidence-Based Practice

The conscientious use of current best evidence in making decisions about patient care, integrating clinical experience with research findings.

Information Retrieval

The process of finding and accessing relevant information or data from a collection of resources.

Computers

Electronic devices designed to process, store, and communicate information, using specific programming and operating systems.