Rice imports to a nation under a quota limit of 8,500 tons are charged a tariff of 15 percent. imports of rice above the quota l

Question

Leto [7]

3 years ago

15

Rice imports to a nation under a quota limit of 8,500 tons are charged a tariff of 15 percent. imports of rice above the quota l

imit are charged a tariff of 60 percent. this is an example of a(n) ________.

Business

1 answer:

Ratling [72] · Answer 1 · 2021-11-10T17:55:36+03:00

The appropriate response is Tariff-quota. Tariff quotas might be recognized from import shares. A tax portion allows the import of a specific amount of a product obligation free or at a lower obligation rate, while amounts surpassing the standard are liable to a higher obligation rate. An import portion, then again, limits imports totally.