Multiple Choice
On the basis of retaliation, tariffs can be of the types of
A) Revenue and protective tariffs
B) Retaliatory and countervailing tariffs
C) Non-discriminatory and discriminatory tariffs
D) Double column or multiple tariffs
Correct Answer:

Verified
Correct Answer:
Verified
Q4: An increase in domestic production of goods
Q5: Import quotas include<br>A)Ad valorem duty<br>B)Tariff or custom
Q6: In balance of payments account, all goods
Q7: The system devised to administer the types
Q8: The physical limitation of quantities of different
Q10: The objective of import quotas include<br>A)To protect
Q11: Under the unilateral quota system, the autonomously
Q12: The effects of quota under partial equilibrium
Q13: Under the redistribution effect of tariff, the
Q14: Import quotas may be fixed either in