A tariff-rate quota (TRQ) combines:

CA Foundation · Business Economics · MTP · January 2026
A tariff-rate quota (TRQ) combines:
(A) A. Export subsidy with import licensing
(B) B. Import quota with ad valorem tariff
(C) C. Preferential tariff with MFN tariff
(D) D. Quantity restriction with differential tariff rates

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Quantity restriction with differential tariff rates

Topics: International Trade

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