Chinas most favored nation trading status will be taken away if congress and the President agree that the Chinese Government is guilty of human rights abuses. All Chinese imports will experience a sharp increase in taxes if China is no longer considered a most favored nation.

TRADE EXCHANGE AND INTERDEPENDENCE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

China’s most favored nation trading status will be taken away if congress and the President agree that the Chinese Government is guilty of human rights abuses. All Chinese imports will experience a sharp increase in taxes if China is no longer considered a most favored nation.

A	Tarriff
B	Quota
C	Embargo
D	Subsidies

Explanation:

There is 1 question to complete.

ECONOMICS (CBSE/UGC NET)

ECONOMICS

TRADE EXCHANGE AND INTERDEPENDENCE