Multiple Choice
A lump-sum tax per unit on imports is known as:
A) a specific tariff.
B) an import quota.
C) an ad valorem tariff.
D) an import concession.
E) an import substitution.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: The international treaty established to negotiate lower
Q63: The World Trade Organization (WTO):<br>A)became,in 1995,the institutionalized
Q64: Some countries export products at prices below
Q65: Relative to quotas,tariffs lead to a greater
Q66: One of the main motives for the
Q67: Which of the following reasons best explains
Q70: The following graph shows U.S.demand for and
Q71: The source of gains from trade is
Q72: Suppose the government of an importing country
Q73: Suppose one worker in New Ralph Island