If the tariff on components is lower than the tariff on the final product then:
A) the nominal tariff is zero.
B) the final product receives low protection.
C) consumers will clearly benefit.
D) the effective rate of protection on the final product is higher than it looks.
E) all of the above
Correct Answer:
Verified
Q23: The one upside of tariffs is that
Q24: A _ tariff is a single tariff
Q25: A quota is worse than a tariff
Q26: The phrase that expresses the idea that
Q27: The effective rate of protection is related
Q29: Which of the following was related to
Q30: Which country in Latin America has signed
Q31: In which decade did countries in the
Q32: The countries of Latin America were slow
Q33: How do the terms of trade affect
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents