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Economics
MEDIUM
ENGLISH
Economics
The effective rate of protection ?
A
distinguishes between tariffs that are effective and those that are ineffective
Option A
B
is the minimum level at Which a tariff becomes effective in limiting imports?
Option B
C
shows how effective a tariff is in raising revenue for the government
Option C
shows the increase in value added for domestic production that a particular tariff structure makes possible, in percentage terms
Correct answer
Correct answer: D
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