alleryStart learning →Countervailing duties are also known as:
AAnti-subsidy duties
BSafeguard fees
CTransit levies
DExcise surcharges
Answer & Solution
Correct answer: A. Anti-subsidy duties
Countervailing duties offset foreign export subsidies, so they are called anti-subsidy duties.
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Related questions
Countervailing duties follow a finding that foreign subsidies have:An ad valorem tax is based on the:A tariff or import tax is paid by whom?Export duty is refundable under Section 26 if the goods are re-imported within:Under Section 25(6), no duty is collected if the duty leviable is up to:A Section 25 exemption in a different form can never make duty:An explanation clarifying a Section 25 notification can be inserted within:A special order of exemption under Section 25(2) is made in: