Protective Tariffs Are

question 86

Multiple Choice

Protective tariffs are:

• A) maximum limits on the quantity or total value of specific products imported to a nation.
• B) excise taxes or duties placed on imported products.
• C) licensing requirements,unreasonable quality standards,and the like designed to impede imports.
• D) government payments to domestic producers to reduce the world prices of exported goods.

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Definitions:

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