Why Did the European Union Put Tariffs on Banana Imports

question 88

Multiple Choice

Why did the European Union put tariffs on banana imports from some countries and not from other countries?

• A) to encourage organic farming in the Caribbean
• B) to support former colonies in Africa
• C) to discourage European banana consumption
• D) to encourage European banana production

---

Definitions:

Rate of Return

The gain or loss on an investment over a specified time period, expressed as a percentage of the investment's initial cost.

Dividend Income Distributions

Payments made by a corporation to its shareholders, typically derived from the company's earnings.

Capital Gains

Capital gains are the profit earned from the sale of an asset, such as stock or real estate, which has increased in value over the holding period.

Rate of Return

The increase or decrease in the value of an investment during a predetermined period, represented as a percentage of the investment's starting cost.