What Is the Function of a Countervailing Duty

question 81

Multiple Choice

What is the function of a countervailing duty?

• A) To balance revenues against costs.
• B) To restrict the amount a country will import.
• C) To increase revenues from parallel imports.
• D) To expand the amount a country will import.
• E) To permit the use of foreign currency within the country.

---

Definitions:

Present Values

The process of determining the present worth of an amount or series of cash flows that will be received or paid in the future, using a specific discount rate.

Annuity Payment

A fixed sum of money paid to someone each period, typically for the rest of their life or for a fixed number of years.

Insurance Proceeds

The payment received by an insured party from an insurance company in the event of a claim.

Lump Sum

A one-time transaction conducted at a specific moment, rather than multiple smaller payments or installments.