Multiple Choice
A flat fee or fixed amount per unit imposed by a government on an imported product is called a(n) ________.
A) ad valorem tariff
B) specific tariff
C) protective tariff
D) export tariff
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q39: Imposing trade restrictions such as tariffs or
Q40: Cotton Quota (Scenario)<br>Cotton growers in the nation
Q41: Explain how quotas work as an instrument
Q42: Dumping violates WTO rules because it amounts
Q43: Which of the following statements is TRUE
Q45: Which of the following situations is an
Q46: Nontariff trade barriers have increased in popularity
Q47: Which of the following is TRUE with
Q48: FDI and ownership restrictions increase the competitive
Q49: Subsidies can help counterbalance harmful consequences that