Which Type of Tariff Is Used to Offset Subsidies on Exports

question 151

Multiple Choice

Which type of tariff is used to offset subsidies on exports entering the United States?

• A) antidumping duties
• B) countervailing duties
• C) export duties
• D) safeguard duties levied under the escape clause

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Definitions:

Influential

Having the power to sway decisions, opinions, or the development of events, often used to describe persons or ideas that have a significant impact.

Cumulative Costs

entail the total expenses incurred over time, considering all resources expended or lost, including indirect and direct costs.

Operations

The activities and processes designed to deliver a product or service effectively and efficiently.

Transnational Corporations

Large companies that operate in several countries around the world, often having a significant impact on global trade, economy, and politics.