What is the primary goal of the border tax adjustment?
Trump's Tax Reforms: The Benefits and Risks

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To decrease exports
To support domestic manufacturing
To increase imports
To stabilize the currency
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the destination-based cash flow tax system affect companies?
It eliminates the need for inversions
It taxes profits where they are produced
It reduces domestic manufacturing
It increases the cost of exports
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected effect of the border tax adjustment on the dollar?
The dollar would remain stable
The dollar would increase significantly
The dollar would have no change
The dollar would decrease in value
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential risk for consumer spending due to the border tax adjustment?
Lower wage pressures
Higher consumer prices
Decreased commodity prices
Increased consumer savings
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major point of disagreement regarding repatriated profits?
How to use the repatriated funds
The amount of profits to repatriate
The tax rate on repatriated profits
The timeline for repatriation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a concern regarding the dollar's rapid adjustment?
It would increase export demand
It would stabilize the economy
It could harm companies with overseas dollar debt
It would benefit importers
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the forecasted GDP growth for the year according to the discussion?
No growth
3% growth
1.75% growth
2.5% growth
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