Average tariff levels in Australia in the last decade are
A) positive, but below the average since 1930.
B) above the average since 1930.
C) about equal to the average since 1930.
D) zero, as there are no longer any tariffs in Australia.

Question

Quizplus · Accepted Answer

Australia's average tariff levels in the last decade have been positive, indicating that tariffs are still in place, but they are lower than the historical average since 1930. This reflects Australia's ongoing commitment to trade liberalization and integration into the global economy.

Average Tariff Levels in Australia in the Last Decade Are