Homework Clinic
Social Science Clinic => Economics => Topic started by: ec501234 on Jun 30, 2018
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A tax of 20 percent per unit of imported garlic is an example of a(n)
A) specific tariff.
B) ad valorem tariff.
C) nominal tariff.
D) effective protection tariff.
E) a disadvantageous tariff
Question 2
A gain can be made by the holder of a call option when the current exchange rate
A) exceeds the exercise price.
B) exceeds the forward price.
C) is less than the futures price.
D) falls to zero.
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Answer to Question 1
B
Answer to Question 2
A