Which of the Following Would NOT Be an Impact of Tariffs

question 130

Multiple Choice

Which of the following would NOT be an impact of tariffs imposed on foreign cars?

• A)Sales of foreign cars decline
• B)The prices received by foreign car manufacturers decline
• C)American jobs are protected
• D)Tax revenue is generated for the government
• E)Domestic car prices decline

---

Definitions:

Time Value

The time value of money concept suggests that money available now is more valuable than the same amount in the future due to its potential earning capacity.

Cash Sales

Transactions where goods or services are paid for with cash or its equivalent at the time of sale, without delay.

Credit Sales

Sales made by a business where the payment is received after the service or product has been delivered.

Commercial Paper

Unsecured, short-term promissory notes of large firms, usually issued in denominations of $100,000 or more and having an interest rate of somewhat below the prime rate.