The effective rate of protection (a). distinguishes between tariffs that are effective and those that are ineffective (b). is the minimum level at which a tariff becomes effective in limiting imports (c). shows how effective a tariff is in raising revenue for the government (d). shows the increase in value added for domestic production that a particular tariff structure makes possible, in percentage terms

The effective rate of protection  
(a). distinguishes between tariffs that are effective and those that are ineffective (b). is the minimum level at which a tariff becomes effective in limiting imports  (c). shows how effective a tariff is in raising revenue for the government  
(d). shows the increase in value added for domestic production that a particular tariff  structure makes possible, in percentage terms
by

1 Answer

Answer :

d). shows the increase in value added for domestic production that a particular tariff  structure makes possible, in percentage terms
by

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