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The US wishes to publish its tariff rate on a product. There is some need for flexibility in the US rate determination predicted, so you

The US wishes to publish its tariff rate on a product. There is some need for flexibility in the US rate determination predicted, so you advise that the easiest strategy is to publish a specific "ceiling" rate and use discretion to reduce rate as appropriate. This "ceiling tariff rate" is called: a. A harmonized rate. b. A concession rate. c. A tariff binding. d. The bound rate

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