A variable levy exists when a country   A. removes expected tariffs based on supply and demand for a good or service.   B. allows one importer to pay a lower tariff than another importer for the same type of goods or services.   C. guarantees that the market price of an import will be the same as that of domestically produced goods.   D. creates a tariff that requires a percentage of the entire invoice value be paid on imports.

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A: Demand: P=150-3QSupply: P=40+2QTariff: $8Price decreases $66 to $64

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A: Disclaimer = As you posted multipart questions we are supposed to solve only the first 3 questions.…

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Q: A big country with a good's demand described by P= 150 - 3Q and a good's supply described by P= 40 +…

A: Answer a) Demand P = 150 - 3QSupply P = 40 + 2Q 150 - 3Q = 40 + 2Q        110 = 5Q           Q = 22…

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A: Here, it is required to explain if the provided statement is True or False.

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A:

Q: Identify a product that is exported from the United States.

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