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    International Economics Study Set 12
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    Exam 4: Tariffs
  5. Question
    Which of the Following Is a Fixed Percentage of the Value
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Which of the Following Is a Fixed Percentage of the Value

Question 8

Question 8

Multiple Choice

Which of the following is a fixed percentage of the value of an imported product as it enters the country?


A) specific tariff
B) ad valorem tariff
C) nominal tariff
D) effective tariff

Correct Answer:

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