MCQOPTIONS
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| 1. |
A tariff-rate quota is essentially a ? |
| A. | two tier tariff applied to a country’s imports |
| B. | three-tier tariff applied to a country’s imports |
| C. | two tier quota applied to a county’s exports |
| D. | three tier quota applied to a country’s exports |
| Answer» B. three-tier tariff applied to a country’s imports | |