Solved

One of the Most Common Forms of Trade Restrictions Is

Question 216

True/False

One of the most common forms of trade restrictions is the ad valorem tariff, which represents a tax on imports evaluated as a percentage of the value of the import.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q211: The gains from trade are larger for

Q212: A situation in which a person or

Q213: If a country has an absolute advantage

Q214: The difference between a tariff and a

Q215: Which of the following is not a

Q217: An increase in the size of the

Q218: A curve showing the quantity of imports

Q219: The negative slope of Korea's linear production

Q220: With multilateral negotiations,<br>A)a country reduces its trade

Q221: Country A has a comparative advantage over