The Effective Rate of Protection Measures

question 25

Multiple Choice

The effective rate of protection measures

• A)the difference between domestic and foreign prices of the import.
• B)the efficiency with which the tariff is collected at the customhouse.
• C)the "true" ad valorem value of a tariff.
• D)the protection given by the tariff to domestic value added.
• E)the quota equivalent value of a tariff.

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Definitions:

Retinal Image

The image projected on the retina, the light-sensitive surface at the back of the eye, responsible for initiating the process of visual perception.

Moving Towards

A psychological mechanism where an individual engages or aligns with people, tasks, or situations as a way of coping or adapting.

Sensory Information

Data received through the senses such as sight, sound, smell, touch, and taste, which is then interpreted by the brain.

Constancy

In psychology, the quality of perceiving familiar objects as having constant shape, size, and color regardless of changes in perspective, distance, or lighting.