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In Singapore, the Price of Imported Scotch Is $30 Per

Question 27

Multiple Choice

In Singapore, the price of imported Scotch is $30 per glass as opposed to Scotch from Singapore, which is $3. Which of the following do you think accounts for the difference in price?


A) Exchange control
B) Balance of trade
C) Import tariff
D) Embargo
E) Export tariff

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