Which provision in the U.S. Constitution gives Congress the power to "lay and collect taxes?"

a. Article I section 8
b. 16th Amendment
c. Commerce Clause
d. Supremacy Clause

a

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Tariffs are unambiguously pro-consumer and anti-producer.

a. true b. false

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The risk that a foreign government may devalue the currency relates to

A. credit risk. B. sovereign risk. C. foreign exchange risk. D. liquidity risk E. interest rate risk.

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