Q
If no imported inputs (hard-disk drive) go into the domestic production of a final product (desktop computer) then the ?
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A
A. Nominal tariff rate on the final product equals the effective tariff rate on the product
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B
B. Nominal tariff rate on the final product is greater than the effective rate on the product
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C
C. Nominal tariff rate on the final product is less than the effective tariff rate on the final product
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D
D. None of the above
Correct Answer:
A. A. Nominal tariff rate on the final product equals the effective tariff rate on the product
