Субсидии, кредитование и демпинг

Multiple Choice Comprehension Check (basic Text 4.4)

Check the comprehension of the text choosing the answer which, you think, is correct.

1. Tariffs are excise taxes on imported goods. What is the purpose of imposing them?

A) Tariffs practically have no impact on the budget of the country. The customs union decides

Whether to impose tariffs or not.

B) They may be imposed for purposes of revenue or protection of local firms. In Russia, for

Example, tariffs are imposed on imported cars.

C) They are imposed only due to political reasons.

2. Revenue tariffs are usually applied to products which are not produced domestically. What are their

rates?

A) These rates are considerable since their purpose is to provide the federal government with

Tax revenues.

B) These rates are of a symbolic character, and they do not influence the budget of the country at all.

C) These rates are typically modest, and their purpose is to provide the federal government with

Tax revenues.

3. Protective tariffs are designed to shield domestic producers from foreign competition. What situation

do protective tariffs put foreign producers in?

A) Protective tariffs are negligible and do not bring much harm to importers.

B) Protective tariffs put foreign producers at a competitive disadvantage and sometimes stop