Which Type of Policy Raises the Most Revenue for the Government

question 27

Multiple Choice

Which type of policy raises the most revenue for the government?

• A) tariff
• B) quota
• C) voluntary export restraints
• D) If they are set at the same level, all of the above raise the same amount of revenue.
• E) None of the above answers is correct because none of the policies raises revenue for the government.

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Definitions:

Communications Plan

A strategic document outlining an organization's objectives, key messages, target audience(s), and channels of communication.

Target Audience

Refers to a specific group of consumers or organizations most likely to respond positively to a company's promotions, products, or services.

Strategic Planning

A structured approach to imagining a preferred future and converting this dream into general goals or targets, along with a series of actions to reach these goals.

Social Responsibility

The ethical framework suggesting that individuals and companies have a duty to act in the best interest of their environment and society as a whole.