This topic contains a solution. Click here to go to the answer

Author Question: When a government allows raw materials and other intermediate products to enter a country duty free, ... (Read 146 times)

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jazzlynnnnn

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

B

Answer to Question 2

A





 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

For a complete list of videos, visit our video library