Which of the following policies permits a specific quantity of goods to be imported at one tariff rate and applies a higher tariff rate to import above this quantity? a. Tariff Quota b. All of the above c. Import Tariff d. Specific Tariff

Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter9: Application: International Trade
Section: Chapter Questions
Problem 4CQQ
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Which of the following policies permits a specific quantity of goods to be imported at one tariff rate and applies a higher tariff rate to import above this quantity?

a.

Tariff Quota

b.

All of the above

c.

Import Tariff

d.

Specific Tariff

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