When a Tariff or Quota on a Product Is Removed

question 52

Multiple Choice

When a tariff or quota on a product is removed, this policy action

• A) benefits domestic producers of the product.
• B) benefits consumers of the product.
• C) benefits the government.
• D) hurts nations exporting the product.

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Definitions:

Illegal Behavior

Actions or activities that are forbidden by law and subject to legal penalties.

Integrity

The quality of being honest and having strong moral principles, or moral uprightness.

Fairly

In a just, equitable, and unbiased manner, ensuring impartial treatment or judgment.

Ethical Screen

A filter or guideline used to assess decisions, actions, or investments based on moral principles or standards.