Which of the Following Is an Example Escape Clause Relief

question 9

Multiple Choice

Which of the following is an example escape clause relief?

• A) A tariff is granted because foreign firms are selling below cost.
• B) A temporary tariff is granted to allow for adjustment of the domestic industry.
• C) A tariff is granted to an industry because foreign firms are subsidized by their governments.
• D) A tariff is granted to an industry because another nation persistently uses unfair trade practices.

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Definitions:

U.S. Marketers

Professionals involved in the marketing activities aimed at creating, promoting, and delivering products or services in the United States market.

Export Goods

Products or commodities that are produced in one country and then sold and shipped to other countries.

Olive Oil

A liquid fat obtained from olives, used in cooking, cosmetics, pharmaceuticals, and soaps, and as a fuel for traditional oil lamps.

Imported

Refers to goods or services brought into one country from another.