Author Question: The U.S. provides about _____ percent of the annual membership fees of IMF member countries. a. 5.6 ... (Read 85 times)

sheilaspns · **on:** Jun 30, 2018

The U.S. provides about _____ percent of the annual membership fees of IMF member countries.
a. 5.6
b. 10.2
c. 15.3
d. 17.3
e. 22.4

Question 2

Tariffs are necessary for reasons of national security. Discuss the validity of this statement.

mcinincha279 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

d

Answer to Question 2

It is argued that tariffs are a means of preventing a nation from becoming too dependent on foreign suppliers of goods vital to national security. The national security argument is usually not valid. If a nation's own resources are depletable, tariff-imposed reliance on domestic supplies will hasten depletion of domestic reserves, making the country even more dependent on imports in the future.