In an inflationary environment, then over time A) a specific ...

[mckennatimberlake]

In an inflationary environment, then over time
 
  A) a specific tariff will tend to raise more revenue than an ad valorem tariff.
  B) an ad valorem 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.

Question 2

An investor can write any size contract in both forward and futures markets as long as the other party involved is in agreement.
 
  Indicate whether the statement is true or false

[jamesnevil303]

Answer to Question 1

B

Answer to Question 2

FALSE
Explanation: This is true only for forward market, but not for futures.

[mckennatimberlake]

YES! Correct, THANKS for helping me on my review

[laurnthompson]

Thanks for the timely response, appreciate it