The quota system in which domestic producers of a quota fixing country are required to make use of both domestic raw materials and a specified proportion of imported raw materials to produce a product
A) Bilateral quota
B) Tariff or custom quota
C) Import quota
D) Mixing quota
Correct Answer:
Verified
Q8: When import quotas are fixed after negotiations
Q9: The objective of import quotas include
A)To protect
Q10: Under the unilateral quota system, the autonomously
Q11: A tariff or custom quota may either
Q12: The system devised to administer the types
Q14: Tariff can be levied upon
A)Export only
B)Import only
C)Both
Q15: The tariffs or duties levied upon goods
Q16: High tariffs have the effect of restricting
A)The
Q17: A tariff or import duty which are
Q18: On the basis of retaliation, tariffs can
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