What Is the Function of a Countervailing Duty

question 48

Multiple Choice

What is the function of a countervailing duty?

• A) balance revenues against costs
• B) restrict the amount a country will import
• C) increase revenues from parallel imports
• D) increase the amount a country will export
• E) permit the use of foreign currency within the country

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Definitions:

Sedition Act

Legislation enacted by various countries at different times to prevent and punish actions perceived as promoting dissent or rebellion against the government.

Seditious Speech

Language that is aimed at inciting rebellion against a government or undermining its authority.

Federal Government

The national government of a federal country, where powers are divided between central governing bodies and various constituent entities, like states or provinces.

Haitian Revolution

A slave uprising that led to the establishment of Haiti as an independent country in 1804.