1010EconomicsMedium
Under the EU’s Common Agricultural Policy, a variable import levy equals the?
Asupport price of the EU
Bamount the which the EU’s support price exceeds the world price
Cworld price
Damount by which the world price exceeds the EU’s support price
Correct answer
B. amount the which the EU’s support price exceeds the world price
Explanation
The correct answer is amount the which the EU’s support price exceeds the world price.