The Country of Nunrovia Imposes a Fixed Charge of $3

question 99

Multiple Choice

The country of Nunrovia imposes a fixed charge of $3 per barrel of oil imported into the country.Which of the following instruments of trade policy is used by Nunrovia?

• A)specific tariff
• B)GATT tariff
• C)subsidies
• D)import quotas
• E)antidumping duties

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Definitions:

Multiple Sclerosis

A chronic autoimmune disorder affecting the central nervous system, characterized by damage to the myelin sheath on neurons, leading to varied and unpredictable symptoms, including physical and cognitive difficulties.

Firing

The initiation of an action potential in neurons, leading to the transmission of an electrical signal along the neuron's axon.

Neuron

A specialized cell transmitting nerve impulses; a nerve cell.

Action Potential

A brief electrical charge that travels down a neuron, initiating neurotransmission and facilitating neural communication.