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The Country of Argonia Imposes an Ad Valorem Tariff of 10

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The country of Argonia imposes an ad valorem tariff of 10 percent on 1 million tons of rice imports,after which an out-of-quota tariff of 80 percent is applied.According to this information,which of the following trade policy instruments is being used by Argonia?


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Wage Rate

The amount of compensation or payment workers receive in exchange for their labor, often expressed on an hourly, daily, or piecework basis.

Zinnia

A genus of plants within the sunflower tribe, known for their bright and colorful flowers, often used in gardens and landscaping.

Marigold

A common garden plant known for its bright orange, yellow, or mixed-color flowers, often used for ornamental purposes or as a natural pest deterrent.

U.S. Census Bureau

A federal agency responsible for collecting and analyzing data about the population and economy of the United States.

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