Which of the Following Is an Example of a Countervailing

question 16

Multiple Choice

Which of the following is an example of a countervailing duty?

• 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:

Working Memory

The part of short-term memory that is concerned with immediate, conscious perceptual and linguistic processing.

Functions

In mathematics, the relationship or expression that associates each element of a set with exactly one element of another set. In general use, it refers to the natural purpose or activities specific to a person, thing, or institution.

Nativist Theory

A perspective suggesting that certain skills or abilities are "native" or hard-wired into the brain at birth.

Language Acquisition

The process by which humans gain the ability to perceive, produce, and understand language, often focusing on the developmental stages in early childhood.