Economics · International Trade Policy
A tariff-rate quota (TRQ) is a:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 12-tier policy regime that uses tariff rate and export subsidies to promote exports.
- 22-tier policy regime that combines tariff rate and devaluation to promote exports.
- 32-tier tariff regime that combines tariff rates and quantitative restrictions (QRs) to regulate imports.✓
- 43-tier tariff regime that combines three conventional policy instruments to regulate exports.
Correct answer
2-tier tariff regime that combines tariff rates and quantitative restrictions (QRs) to regulate imports.
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