An Additional Tariff Placed on an Imported Product That a Nation

question 191

Multiple Choice

An additional tariff placed on an imported product that a nation believes is receiving an unfair subsidy is called a(n) ________.

• A) countervailing duty
• B) ad valorem duty
• C) dumping duty
• D) compounded tariff

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Definitions:

Bequest

A gift left to someone in a will.

Personal Property

Moveable property that is not fixed permanently to one location, such as furniture, vehicles, and electronics, as opposed to real estate.

Testamentary Capacity

The legal ability of a person to make a valid will, including understanding the extent of their assets and the natural beneficiaries of those assets.

Mental Health

A state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, can work productively and is able to make a contribution to their community.