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The Chinese Government Charges Exorbitant Taxes on Imported Steel in Order

Question 4

Multiple Choice

The Chinese government charges exorbitant taxes on imported steel in order to protect its state-owned steel corporation.This _____ China has also serves to hinder the growth of hundreds of privately held manufacturing companies in China that see imported steel as a way to make prices more competitive.


A) quota
B) export duty
C) boycott
D) tariff
E) WTO violation

Correct Answer:

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