Discussion Forum : Tariffs And Industrial Development
Question - Suppose there is no tariff on imported inputs and the ratio of the value of imported inputs the value of the final product is 0.5 If the nominal tariff rate on the final product is 10 percent, the effective tariff rate equals ?
Options:
A .  5 percent
B .  10 percent
C .  15 percent
D .  20 percent
Answer: Option D
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
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