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What Is a TRUE Statement Concerning the Imposition in the U.S

Question 48

Multiple Choice

What is a TRUE statement concerning the imposition in the U.S. of a tariff on cheese?


A) It lowers the price of cheese domestically.
B) It raises the price of cheese internationally.
C) It raises revenue for the government.
D) It will always result in retaliation from abroad.
E) It leads to higher domestic demand for cheese.

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