In developed countries, tariffs are generally imposed _____
a. because they generate a large portion of federal revenue
b. because they discourage imports
c. because they are equitable
d. because they are efficient
b
Economics
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The main events that can put a bank under stress include all of the following except _________.
Fill in the blank(s) with the appropriate word(s).
Economics
The concept of Nash Equilibrium:
A. has wide applicability. B. is limited in its applicability to economic behavior because firms do not follow their dominant strategies. C. is limited in its applicability to economic behavior because firms generally follow their dominant strategies. D. has been disproven by modern economists.
Economics