Under the variable levy system of the European Union, EU farmers are protected against import competition by tariffs that vary inversely with the world price.

Name: Under the variable levy system of the European Union, EU farmers are protected against import competition by tariffs that vary inversely with the world price.
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Question

Quizplus · Accepted Answer

The statement is true. However, the question is about Portugal's steel market and the following sentence discusses EU farmers, which is not relevant.

Under the Variable Levy System of the European Union, EU