Zawana faces world prices for finished radios and radio components,which are 100 shillings and 95 shillings,respectively.There is a 30 percent tariff on imported radios and no tariff on imported components.The effective rate of protection for the radio assembly industry in Zawana is:
A) 30 percent.
B) 60 percent.
C) 600 percent.
D) 5 percent.
Correct Answer:
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