Answer:
the commission submits an annual report on the work done by it to the president.
Explanation:
It is closely linked with the 1st amendment.
<u>Answer</u>:
The main reasons for imposing a tariff are B tariff revenue and protecting jobs
<u>Explanation</u>:
Tariffs are essentially a tax payable on imports of goods to the custom authority of the consumer’s country so as to discourage excessive imports which may have a detrimental effect on the domestic economy.
The first main reason for imposing of tariff is Tariff Revenue. This basically means that the Government gain a hefty amount as taxes on imports not only from the manufacturers but also the domestic importers and thus forms a part of its revenue which is spent on the country’s developmental plans.
Secondly, tariffs are imposed for protecting jobs by preserving the domestic industry. This is especially the case when goods are imported from mass manufacturers in countries like China etc which pose a serious threat to small and medium scale industries in the Domestic market. By imposing tariff, these imported products are made more expensive, preventing losses to domestic producers and therefore protecting jobs.
Answer: True
Explanation:
One thing to note in economics is when there is a high demand, there would be need for supply to match up the energy for the demand. Many companies not into sanitizers and other products used majorly during the corona virus now got into it to make more funds from it, so they can benefit since there is a high demand of it. Many health agencies went into doing sanitizers, some companies not into face masks went into it too.