Rice imports to a nation under a quota limit of 8,500 tons are charged a tariff of 15 percent. imports of rice above the quota limit are charged a tariff of 60 percent. this is an example of a(n)

The appropriate response is Tariff-quota. Tariff quotas might be recognized from import shares. A tax portion allows the import of a specific amount of a product obligation free or at a lower obligation rate, while amounts surpassing the standard are liable to a higher obligation rate. An import portion, then again, limits imports totally.

$11,500,000

Explanation:

Particulars                                                                       Amount'million

Book value of the assets of the acquired company       $174

Add: Fair value in excess of its net book value               $2

Less: Liabilities                                                                   $115

Less: Unrecorded liability relating to a lawsuit                $4.50

Less: Acquisition Cost of the company                            $68    

Goodwill                                                                              $11.50