A quota which established thorough mutual agreements or negotiation between countries is
A) Allocated quota
B) Unilateral quota
C) Import-export quota
D) Bilateral quota
Correct Answer:
Verified
Q5: The income terms of trade is called
Q6: The tariff that maximizes a country's welfare
Q7: Ad valorem tariffs are
A)Duties levied per physical
Q8: On the basis of origin and destination
Q9: Specific tariffs are assessed
A)On the value of
Q11: Effects of tariffs included
A)Income effect
B)Effect on demand
C)Effect
Q12: When a uniform rate of duty is
Q13: A quota system which allows a certain
Q14: The tariff rates which are based on
Q15: Which of the following is not included
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