Under the EU’s Common Agricultural Policy, a variable import levy eq – McqOptions

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1.	Under the EU’s Common Agricultural Policy, a variable import levy equals the ?
A.	amount the which the EU’s support price exceeds the world price
B.	amount by which the world price exceeds the EU’s support price
C.	support price of the EU
D.	world price
Answer» B. amount by which the world price exceeds the EU’s support price

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