Given the Following Information for Industry X in Country A

question 18

Multiple Choice

Given the following information for industry X in country A, and assuming that input Y Is imported, that one unit of Y is required for each one unit of X, and that country A is a "small" country:
$\begin{array}{lcc}&\text { free trade price }&\text {nominal tariff rate }\\\text { final product X } & \$ 120 & 10 \% \\\text { input Y (only input to X) } & \$ 80 & 15 \%\end{array}$

The "effective tariff rate" or "Effective Rate of Protection (ERP) " for industry X in Country A is __________ percent.

• A) 0
• B) 10
• C) 12.5
• D) 25

---

Definitions:

Gender Role Stereotyping

The assignment of roles, behaviors, and attributes to individuals based strictly on their gender, often resulting in restrictive and prejudicial practices.

Father Care

The involvement and nurturing activities a father engages in to support the physical, emotional, and developmental well-being of their child.

Day Care

A service that provides care for children during the daytime, often enabling their parents to work or engage in other activities.

Reciprocal

Involving a mutual exchange or relationship where both or all parties give and take something.