The effective rate of protection ?

A. shows the increase in value added for domestic production that a particular tariff structure makes possible, in percentage terms

B. is the minimum level at Which a tariff becomes effective in limiting imports?

C. distinguishes between tariffs that are effective and those that are ineffective

D. shows how effective a tariff is in raising revenue for the government

Found an error? Read our corrections policy and report it in the comments below.

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.