McqMate
| Q. |
Tariff rate quotas are ________________ |
| A. | based on the value of the traded commodity only |
| B. | low tariff rate on an initial quantity of import within the quota limit and very high tariff rate on imports above the initial amount |
| C. | based on the quantity or volume of the quantity only |
| D. | combination of tariffs and quotas |
| Answer» B. low tariff rate on an initial quantity of import within the quota limit and very high tariff rate on imports above the initial amount | |
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