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    International Economics Study Set 2
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    Exam 8: Analysis of a Tariff
  5. Question
    An Ad Valorem Tariff Is Formulated as a Money Amount
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An Ad Valorem Tariff Is Formulated as a Money Amount

Question 22

Question 22

True/False

An ad valorem tariff is formulated as a money amount per unit of import that is due when the good reaches the importing country.

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