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Economics
MEDIUM
ENGLISH
Economics
The U.S has granted China permanent most favored nation treatment (normal trade relations) This means that the tariff schedules which apply to U.S imports from china ?
A
have tariff rates equal to zero suggesting a free trade policy for the United States
Option A
B
have lower tariff rates than the rates that apply to any other country sending goods to the United States
Option B
have tariff rates that are identical to the rates that apply to other countries to which the U.S grants most-favored nation treatment
Correct answer
D
have lower tariff rates than the rates that apply to other countries to which the U.S grants most favored nation treatment
Option D
Correct answer: C
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