The Optimum Tariff Is Most Likely to Apply to

question 26

Multiple Choice

The optimum tariff is most likely to apply to

• A) a small tariff imposed by a small country.
• B) a small tariff imposed by a large country.
• C) a large tariff imposed by a small country.
• D) a large tariff imposed by a large country.
• E) an ad valorem tariff on a small country.

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Definitions:

Culture

A set of shared attitudes, values, goals, and practices that characterizes an institution, organization, or group.

Qualitative Research

A method of research characterized by its aims at understanding concepts, thoughts, or experiences rather than collecting numerical data, focusing on the "why" and "how" of decision making.

Interpretation

The act of explaining or elucidating the meaning of information, data, or actions.

Numeric Form

The representation of data or information in numbers rather than in text or verbal form.