McqMate
| Q. |
The effective rate of protection |
| A. | distinguishes between tariffs that are effective and those that are ineffective |
| B. | is the minimum level at which a tariff becomes effective in limiting imports |
| C. | shows how effective a tariff is in raising revenue for the government |
| D. | shows the increase in value added for domestic production that a particular tariff structure makes possible, in percentage terms |
| Answer» D. shows the increase in value added for domestic production that a particular tariff structure makes possible, in percentage terms | |
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