Officially,the EU Tariffs on Chinese and Vietnamese Shoe Imports Are

question 65

Multiple Choice

Officially,the EU tariffs on Chinese and Vietnamese shoe imports are known as:

• A)countervailing duties.
• B)antidumping duties.
• C)specific duties.
• D)ad valorem duties.
• E)temporary surcharges.

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Definitions:

Services

Economic activities that provide intangible benefits or satisfactions, not resulting in the ownership of a physical product.

Cash

Liquid currency and other assets that are readily convertible into money.

Account Payable

Liabilities or money owed by a business to its creditors for goods and services purchased on credit.

Credit

An accounting entry that increases liabilities or equity or decreases an asset or expense.