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Author Question: When a government allows raw materials and other intermediate products to enter a country duty free, ... (Read 126 times)

mikaylakyoung

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on: Jun 30, 2018
When a government allows raw materials and other intermediate products to enter a country duty free, this generally results in a(an)
 
  A) effective tariff rate less than the nominal tariff rate.
  B) nominal tariff rate less than the effective tariff rate.
  C) rise in both nominal and effective tariff rates.
  D) fall in both nominal and effective tariff rates.
  E) rise in only the effective tariff rate.

Question 2

The United States imposes tariffs
 
  A) only on imports.
  B) only on exports.
  C) on both imports and exports.
  D) on imports, exports, and nontraded goods.


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jazzlynnnnn

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


mikaylakyoung

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Reply #2 on: Jun 30, 2018
Thank you :)


jazzlynnnnn

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Reply #3 on: Jun 30, 2018
Happy to help you


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