There are two questions related to Tariffs
- Is it possible for a low nominal tariff rate to understate the effective rate of protection? What is tariff escalation?
- How can tariffs be justified?
Each student should respond both questions by one paragraph for each.
Module 2 DB 5 Questions.
There are two questions related to Nontariff Trade Barriers
Each student should respond both questions by one paragraph for each.
- Describe some of the differences between tariffs and quotas?
- What are the intent and impact of domestic content requirements?
Each student should respond both questions by one paragraph for each.