Which of the Following Statements Best Describes a Protective Tariff

question 17

Multiple Choice

Which of the following statements best describes 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:

Attractive Woman

A female individual perceived as possessing physical or personal qualities deemed appealing or desirable according to societal standards or personal preferences.

Complimented

Having been praised or positively remarked upon, typically regarding one's actions or attributes.

Stranger

An individual who is not known personally or is unfamiliar to someone else.

Symmetrical

Having identical form or arrangement on both sides of a dividing line or plane.