Economics · Economy
Match List-I (Trade Term) with List-II (Definition/Description): List-I: a) Rate of effective protection b) Import quota c) New protectionism d) Optimum tariff List-II: I. Tariff on value added II. The rate of tariff that maximizes net benefit from trade III. Direct quantitative restriction on imports IV. Non-tariff barriers such as Voluntary Export Restraints (VERs)
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1a-1, b-3, c-2, d-4
- 2a-3, b-4, c-2, d-1
- 3a-1, b-3, c-4, d-2✓
- 4a-4, b-2, c-3, d-1
Correct answer
a-1, b-3, c-4, d-2
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