Which term describes the power to adjust protective tariff rates, establish import quotas, and impose additional duties upon recommendation of NEDA?

Which term describes the power to adjust protective tariff rates, establish import quotas, and impose additional duties upon recommendation of NEDA?

• A. Export Declaration
• B. Free Zone
• C. Flexible Clause
• D. Jurisdictional Control

Answer: (C)

This item tests understanding of a provision that allows trade protections to be adjusted in response to economic planning. The term describes a mechanism that empowers the executive to tune protective tariff rates, establish import quotas, and impose additional duties when recommended by a planning body like NEDA. This flexibility lets the government respond quickly to changing domestic industries and align import policy with national development goals, without needing new legislation each time. Other options don’t capture that authority to modify tariffs, quotas, or extra duties based on planning guidance, so they don’t fit as well.

This item tests understanding of a provision that allows trade protections to be adjusted in response to economic planning. The term describes a mechanism that empowers the executive to tune protective tariff rates, establish import quotas, and impose additional duties when recommended by a planning body like NEDA. This flexibility lets the government respond quickly to changing domestic industries and align import policy with national development goals, without needing new legislation each time. Other options don’t capture that authority to modify tariffs, quotas, or extra duties based on planning guidance, so they don’t fit as well.