Rice Imports to a Nation Under a Quota Limit of 8,500

question 27

Multiple Choice

Rice imports to a nation under a quota limit of 8,500 tons are charged a tariff of 15 percent.Imports of rice above the quota limit are charged a tariff of 60 percent.This is an example of a(n) ________.

• A) export quota
• B) voluntary export restraint
• C) ad valorem tariff
• D) tariff-quota

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Definitions:

Generations Ahead

A term used to describe future generations or the planning and actions taken to benefit those who will live in the future.

Intersectionality

is a theoretical framework that examines how overlapping social identities, such as race, gender, and class, contribute to systemic oppression and discrimination.

Awareness

The knowledge or perception of a situation or fact, often leading to being informed or conscious about a particular issue or topic.

Poor Health

A state characterized by ill health or a low level of well-being, often resulting from a lack of access to medical care, poor nutrition, or unhealthy living conditions.