If the Government Decides to Impose a New Tariff on Orange

question 155

Multiple Choice

If the government decides to impose a new tariff on orange juice from Brazil,the tariff would lead to ________ the tariff revenue collected by the U.S.government.

• A) no change in
• B) an increase in
• C) a decrease in
• D) an elimination of
• E) making illegal

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Definitions:

Global Markets

Markets that transcend national borders, encompassing international trade, investment, and cooperation, facilitating the exchange of goods, services, and capital across the globe.

Perpetuation

The act of continuing or sustaining something indefinitely or for a prolonged period.

Inequality

Describes the unequal distribution of resources, opportunities, rights, and power among individuals or groups within a society.