Which of the Following Is the Best Example of a Tariff

question 16

Multiple Choice

Which of the following is the best example of a tariff?

• A) A subsidy from the government to domestic manufacturers of residential air conditioners to enable them to compete more effectively with foreign producers.
• B) A limit on the quantity of residential air conditioners that can be imported from a foreign country.
• C) A $150 fee imposed on all imported residential air conditioners.
• D) A tax placed on all residential air conditioners sold in the domestic market to help offset the impact of emissions on the environment.

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Definitions:

Partial Loss

A situation where there is a reduction or diminishment in quantity, quality, or extent of something, but not a complete loss.

Memory

The faculty by which the mind stores and remembers information.

Flashbulb Memories

Vivid, detailed memories of significant or traumatic events that feel as if they were captured by a camera's flash.

Accurate Records

Precise documentation or accounts of events, transactions, or observations that are free from errors or distortions.