Developing countries often justify imposition of tariffs because:
a. it creates a burden on government budget.
b. it is easy to collect direct taxes from people in the developing countries.
c. a large number of people in the developing countries earn a taxable income.
d. developing countries find income taxes difficult to levy and collect.
e. the volume of imports of these countries is considerably low.
d
You might also like to view...
If the Fed is concerned about a possible recession, it ________ the federal funds rate, which ________ the quantity of reserves and ________ the amount of bank loans
A) raises; increases; increases B) lowers; increases; increases C) raises; decreases; decreases D) lowers; increases; decreases E) lowers; decreases; decreases
The demands of World War II caused our AD curve to shift to the
a. left and our AS curve to shift to the left b. left and our AS curve to shift to the right c. right and our AS curve to shift to the left d. right and our AS curve to shift to the right e. right, leaving our AS curve unchanged