Management Notes

Reference Notes for Management

Concerning import tariffs of the United States empirical studies tend to conclude that these tariffs are

Concerning import tariffs of the United States empirical studies tend to conclude that these tariffs are

Concerning import tariffs of the United States empirical studies tend to conclude that these tariffs are

 Options:

a. progressive and thus bear down on the wealthy
b. regressive and thus bear down on the poor
c. proportional and thus bear down on all consumers in the same manner
d. deflationary and thus result in reductions in the price of imports

The Correct Answer Is:

b. regressive and thus bear down on the poor

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