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A Charge of 12-18 Percent Is Levied by the Government

Question 39

Multiple Choice

A charge of 12-18 percent is levied by the government of a foreign nation on the value of automobile accessories imported from a neighboring country. This increased the price of those imported car accessories for the consumers. This foreign nation is using a(n)


A) local content tariff.
B) ad valorem tariff.
C) subsidy.
D) import quota.
E) antidumping duty.

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