The United States charges
A)the same tariff rates on goods from all countries.
B)lower tariff rates on goods from countries with most favored nation status.
C)low or zero tariffs on goods from certain developing countries.
D)Both B and C.

Question

Quizplus · Accepted Answer

The United States charges lower tariff rates on goods from countries with most favored nation status, which is typically granted to countries with whom the U.S. has strong economic and diplomatic relations. The U.S. also grants low or zero tariffs on goods from certain developing countries as part of various trade agreements and programs aimed at promoting economic growth in those countries.

The United States Charges