Multiple Choice
In an inflationary environment, then over time
A) A specific tariff will tend to raise more revenue than an ad valorum tariff.
B) An ad valorum tariff will tend to raise more revenue than a specific tariff
C) An optimum tariff will tend to raise more revenue than an escalating tariff
D) A tariff quota will tend to raise more revenue than a specific tariff.
E) an import quota would raise more revenue than a specific tariff.
Correct Answer:

Verified
Correct Answer:
Verified
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