-Refer to Above Figure

question 28

Short Answer

-Refer to above figure. The lowest specific tariff which would be considered prohibitive is ________.

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Definitions:

National Security

Measures and actions taken by a government to protect its citizens, institutions, and sovereignty from threats.

Foreign Policy

A government's strategy in managing its relationships with other countries or international entities.

Export-Import Bank

A government agency or financial institution that provides financial assistance to facilitate the export and import of goods.

Private Spaceports

Facilities owned by non-governmental entities used for launching spacecrafts privately.