Answered: The US government increases the tax on…

The US government increases the tax on steel imported from China. Such taxes exemplify a(n) O subsidy. O tariff, referendum. antidumping policy. O local content requirement.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The US government increases the tax on steel imported from China. Such taxes exemplify a(n)
O subsidy.
Otariff.
referendum.
antidumping policy.
local content requirement.

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