A Specific Tariff Is

question 124

Multiple Choice

A specific tariff is:

• A) applied only to exports
• B) set as a percentage of the product price of an imported good
• C) applied only to products produced in countries that are not members of the WTO
• D) a fixed tax amount applied to an import
• E) none of the other choices

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Definitions:

Antihistamines

Medications used to relieve or prevent the symptoms of allergies by blocking the action of histamine.

Analgesics

Medicinal drugs used to relieve pain without causing anesthesia; also known as painkillers.

Behavioral View

An approach to psychology that focuses on observable behaviors and the ways in which they're learned from the environment.

Token Economies

A behavioral modification technique that uses tokens as a form of reinforcement for desired behaviors, which can later be exchanged for privileges or rewards.