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Tariff Escalation Makes It Harder for Developing Nations to Move

Question 2

Multiple Choice

Tariff escalation makes it harder for developing nations to move up the value-added ladder by imposing higher tariffs on imports of ________ than on ________.


A) raw materials; processed goods
B) processed goods; raw materials
C) primary goods; secondary goods
D) natural resources; finished products

Correct Answer:

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