For _____ to Be Levied on a Product, It Must

question 63

Multiple Choice

For _____ to be levied on a product, it must be shown that prices are lower in the importing country than in the exporting country and that producers in the importing country are being directly harmed by the dumping of the product.

• A) countertrade duties
• B) domestic protection duties
• C) countervailing duties
• D) foreign practice duties
• E) import restriction duties

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Definitions:

Absolute Value

The distance of a number from zero on the number line, without considering direction; represented by |x| for a number x.

Rectangle

A quadrilateral with four right angles and opposite sides that are equal in length.

Perimeter

The total distance around the edge of a two-dimensional shape, measured by adding the lengths of all sides.

Interval

A range of values between two numbers including all the numbers in between.