In 2006, European Union Tariff on Imported Bananas from Latin

question 24

Multiple Choice

In 2006, European Union tariff on imported bananas from Latin America was €176 a ton. Suppose 2.5 million tons of bananas were imported in 2006 but then the tariff decreased to €152 a ton in 2007 and as a result, 3 million tons were imported in 2007. What is the change in tariff revenue between 2006 and 2007?

• A) €1,000,000
• B) €440,000,000
• C) €445,000,000
• D) - €1,000,000

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Definitions:

Protein Activation

The process by which proteins are enabled to perform their specific biological functions, often through structural changes or binding to other molecules.

Biochemistry

The branch of science concerned with the chemical and physicochemical processes that occur within living organisms.

Gene Expression

The process by which information from a gene is used to synthesize a functional gene product, such as proteins, influencing an organism's structure and functions.

Evolution

The method through which various types of living beings are believed to have evolved and spread out from ancestral forms over the earth's history.