What Is a True Statement Concerning the Imposition in the U.S

question 21

Multiple Choice

What is a true statement concerning the imposition in the U.S. of a tariff on cheese?

• A) It lowers the price of cheese domestically.
• B) It raises the price of cheese internationally.
• C) It raises revenue for the government.
• D) It will always result in retaliation from abroad.
• E) it leads to higher domestic demand for cheese.

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