Under a tariff-rate quota:
Options:
a. the within-quota tariff rate exceeds the over-quota tariff rate b. the over-quota tariff rate exceeds the within-quota tariff rate c. the within-quota tariff rate equals the over-quota tariff rate d. the within-quota tariff rate plus over-quota tariff rate equal 100 percent |
The Correct Answer Is:
b. the over-quota tariff rate exceeds the within-quota tariff rate