Which One of the Following Statements Is a Rationale for the Imposition

question 38

Multiple Choice

Which one of the following statements is a rationale for the imposition of tariffs?

• A) Tariffs reduce the benefits of trade to consumers.
• B) Under certain conditions, tariffs can be used to manipulate world prices.
• C) Tariffs discourage domestic production.
• D) Tariffs encourage exports.

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Definitions:

Goal Attainment

The process of achieving a set of pre-defined objectives or targets within a specified time frame.

Decision-Making Process

The cognitive and logical sequence of steps by which individuals select among options and take action.

Communication Improvement

Communication improvement involves enhancing the effectiveness and efficiency of conveying information and understanding between individuals or groups.

Reciprocal Goal

A mutual agreement or shared aim between two or more parties, particularly in a counseling or therapeutic context, to work towards a common objective.