Which of the following goals is a primary purpose of tariffs on imports?
A) Maintain domestic competitiveness
B) Decrease exports
C) Increase imports
D) Subsidize domestic industry
E) Promote free trade
Answer: A
Explanation: A) Most tariffs are meant to discourage particular imports in order that domestic businesses may remain competitive.
You might also like to view...
When the federal tax rate on interest income is 20 percent, an investor will purchase _____ in order to maximize returns.
A. a local government bond with an interest rate of 7 percent B. a corporate bond with an interest rate of 8 percent C. a corporate bond with an interest rate of 8.5 percent D. a local government bond with an interest rate of 6.5 percent
Figure 4-1According to Figure 4-1 above, the point at which you would exchange money for your sandwich of corned beef on rye would be found in stage ________.
A. C B. A C. B D. D E. E
Life insurance proceeds are usually controlled by:
A. the provisions of a will. B. the right of survivorship. C. testamentary capacity. D. the insured's designation of beneficiaries.
What are some of the guidelines that should be followed when designing and testing a questionnaire?
What will be an ideal response?