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In an Inflationary Environment,then Over Time

Question 42

Multiple Choice

In an inflationary environment,then over time


A) an import quota would raise more revenue than a specific tariff.
B) a tariff quota will tend to raise more revenue than a specific tariff.
C) a specific tariff will tend to raise more revenue than an ad valorem tariff.
D) an ad valorem tariff will tend to raise more revenue than a specific tariff.
E) an optimum tariff will tend to raise more revenue than an escalating tariff.

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