Which of the Following Is True Concerning a Specific Tariff

question 137

Multiple Choice

Which of the following is true concerning a specific tariff?

• A) It is exclusively used by the U.S.in its tariff schedules.
• B) It refers to a flat percentage duty applied to a good's market value.
• C) It is plagued by problems associated with assessing import product values.
• D) It affords less protection to home producers during eras of rising prices.

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Definitions:

Usable Water

Water that is safe and suitable for human use, including drinking, cooking, and bathing.

Desalination

The process of removing salt and other minerals from seawater to make it suitable for drinking and irrigation.

Water Evaporation

The process by which water changes from a liquid to a gas or vapor state, playing a critical role in the hydrologic cycle.

Economic And Urban Development

The process of improving the economic well-being and quality of life in cities through investments, infrastructure development, and policy-making.