If a Canadian Manufacturing Firm Uses Some Imported Inputs in the Production

question 44

Multiple Choice

If a Canadian manufacturing firm uses some imported inputs in the production process,the most accurate measure of the rate of protection is the

• A) specific tariff
• B) ad valorem tariff
• C) nominal tariff
• D) effective tariff

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Definitions:

Coercing

Using force or threats to compel someone to do something against their will.

Prejudice

Preconceived opinion or judgment about an individual or group that is not based on reason or actual experience, often involving negative or stereotypical beliefs.

Mixed-race

Pertaining to an individual or group of people who are of ancestry from two or more racial backgrounds.

Promoted

Refers to the act of being elevated to a higher rank or position within an organization.