Developing Nations Often Maintain That Industrial Countries Permit Raw Materials

question 110

Multiple Choice

Developing nations often maintain that industrial countries permit raw materials to be imported at very low tariff rates while maintaining high tariff rates on manufactured imports.Which of the following refers to the above statement?

• A) Tariff-quota effect
• B) Nominal tariff effect
• C) Tariff escalation effect
• D) Protective tariff effect

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