Author Question: Which of the following is true of tariffs? A) Tariffs are special taxes levied on imports. B) ... (Read 161 times)

sjones · **on:** Jun 30, 2018

Which of the following is true of tariffs?

A) Tariffs are special taxes levied on imports. B) Tariffs reduce the volume of exports.
C) Tariffs decrease the prices of imports. D) Tariffs encourage international trade.

Question 2

The International Monetary Fund (IMF) was created to achieve each of the following goals EXCEPT

A) to help finance economic development in poor countries.
B) to lend funds to countries having difficulties meeting their international payment obligations.
C) to encourage convertibility of member countries' currencies.
D) to supervise exchange-rate practices of member countries.