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Which of the Following Best Describes the Term "Preferential Tariff

Question 121

Multiple Choice

Which of the following best describes the term "preferential tariff"?


A) The tariff applies only to luxury items.
B) The tariff limits the number of products that can be imported from particular countries.
C) Tax is placed on countertrades.
D) Tariff advantages are given to one country over others.

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