The Optimum Tariff Is Most Likely to Apply to

question 26

Multiple Choice

The optimum tariff is most likely to apply to

• A) a small tariff imposed by a small country.
• B) a small tariff imposed by a large country.
• C) a large tariff imposed by a small country.
• D) a large tariff imposed by a large country.
• E) an ad valorem tariff on a small country.

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Definitions:

Anonymous

Referring to someone or something without a known or disclosed identity.

Addictive

Characterized by or susceptible to addiction, especially relating to substances or activities that can lead to physical or psychological dependency.

Internet Gambling

The act of placing bets or wagering on games of chance through the internet.

Legalization

Refers to the process of making certain actions, substances, or behaviors legally permissible under the law.