A
A trade agreement threshold limiting bilateral deficit.
B
A specific product classification code under the Harmonized System (HS) used by customs to levy import duties.
C
The geographical route designated for cargo shipping across international waters.
D
A quantitative quota restricting the total volume of electronic goods imported from a single country.
Correct answer: (b) A specific product classification code under the Harmonized System (HS) used by customs to levy import duties.
Explanation
Option B is correct because a tariff line refers to a specific product classification code under the Harmonized System (HS) used by customs authorities to levy import duties. Options A, C, and D describe trade deficits, shipping routes, and quotas respectively.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.
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2018 · Q64 · UPPGS
Which of the following elements is a semiconductor?