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Economics
MEDIUM
ENGLISH
Economics
If no imported inputs (hard-disk drive) go into the domestic production of a final product (desktop computer) then the ?
nominal tariff rate on the final product equals the effective tariff rate on the product
Correct answer
B
nominal tariff rate on the final product is greater than the effective rate on the product
Option B
C
nominal tariff rate on the final product is less than the effective tariff rate on the final product
Option C
D
None of the above
Option D
Correct answer: A
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