Inter. Busi. Q.173
0. The effective rate of protection is defined as
- A
The extent, in percentages of which the domestic price of imported goods exceeds what their price would be in the absence of protection
- B
Difference between value-added at a particular stage of processing in domestic prices and value-added in the world price expressed as a percentage of latter
- C
Difference between value-added in world prices and value-added in the export market
- D
None of the above
