Which One of the Following Would Best Describe a Protective

question 19

Multiple Choice

Which one of the following would best describe a protective tariff?

• A)an excise tax that is usually applied to products which are not produced domestically in order to raise revenues for government
• B)an excise tax that is designed to put foreign producers at a competitive disadvantage in selling in domestic markets
• C)a specification of the maximum amount of a product that may be imported in any period of time which is often used to protect domestic producers of a product
• D)such activities as restricting the issuance of licenses for imported products or setting unreasonable standards for quality or safety in order to restrict imports and protect domestic markets

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Definitions:

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Effectiveness

The degree to which objectives are achieved and the extent to which targeted problems are solved.

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A strategic, planned effort to increase an organization's effectiveness and viability.

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