Market & Non-Tariff Trade Barriers Mcqs


Q.  A tariff-rate quota ?

a. is a limit on the number of tariffs that a country can place on imports?
b. uses a single tariff along with import quotas to restrict import
c. is designed to avoid the the price increases caused by simple tariffs
d. is a two-tier tariff system intended to restrict imports?


ANSWER: See Answer
 
No explanation is available for this question!
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