What is a TRUE statement concerning the imposition in the U.S. of ...

[viki]

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.

Question 2

International Banking Facilities (or IBFs) were established in 1981.
 
  Indicate whether the statement is true or false

[briseldagonzales]

Answer to Question 1

C

Answer to Question 2

TRUE