Question

Question 14 2 pts Below is the tariff profile, Part A.1, for the country of Iceland. Iceland Part A.1 Tariffs and imports: Summary and duty ranges Ag Non-Ag WTO member since Summary Simple average final bound Simple average MFN applied 1995 Total 95.0 Non.Ag 94.3 24.0 113.6 9.5 Binding coverage 201647 24414 rade weighted average 27 19.1 1.21 Ag Tariff quotas (in %) 49|Ag: Special safeguards (in % ) 35.2 41.5 in billion USS 2015| 53 04 Duty-free 0G5 5e-10 10G15 15CE25 25c50 50a100 >100| NAV in% Frequency distribution Tariff lines and import values (in %) Agricultural products Final bound MFN applied 2016 256 2 630 2.2 32 402 245 11.0 77. 213 10.7 44 14.1 28183 69 .47912.8 0748 21 mports 201558.9 2.5 Non-agricultural products Final bound 46.4 62 8361 1699.7 07 00 0.0 MFN applied 2016829 37 132 0100 01 00 Imports 201588.5 3.9 95 | what percentage of imported agricultural products (focus on the Imports line) have tariffs greater than 25%? one decimal place. Round to