A Tariff Placed Upon a Product in Order to Offset

question 10

Multiple Choice

A tariff placed upon a product in order to offset a foreign export subsidy is called

• A) an antidumping duty.
• B) a countervailing duty.
• C) a predatory duty.
• D) a specific duty.

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Definitions:

Bonds Payable

Long-term liabilities representing money a company owes to holders of its bonds, which must be repaid at a future date.

Debt Investments-HTM

Investments in debt securities intended to be held to maturity, accounting for fixed-income investments until they are redeemed.

Bonds Mature

The point in time when a bond's principal amount is due to be paid back to the bondholder.

Interest Payments

Payments made to a lender by a borrower in return for the use of borrowed money, typically represented as an annual percentage of the loan principal.