In the Last Few Decades, Tariffs Have

question 112

Multiple Choice

In the last few decades, tariffs have:

• A) risen by more than 20 percent in developing countries.
• B) fallen by more than 20 percent in developing countries.
• C) risen more in developing nations than in developed countries.
• D) risen more in developed nations than in developing countries.

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Definitions:

Promise

A declaration or assurance that one will do a particular thing or that guarantees a particular outcome.

Chapter 13 Bankruptcy

A type of bankruptcy in the United States that allows individuals with a regular income to develop a plan to repay all or part of their debts under court oversight and protection.

Bankruptcy Judge

A judicial officer who presides over court proceedings related to bankruptcy cases, including the resolution of claims and distribution of assets.

Bankruptcy

A judicial mechanism enabling individuals or entities incapable of fulfilling their monetary commitments to obtain exemption from part or entire of their debts.