The U.S. uses a Harmonized Tariff Schedule that:
A) completed a 25-year formal governmental transfer from specific to ad valorem tariffs on all products
B) adopted the GATT tariff schedules set forth by the Community of Nations Accord signed in Paris in 1982
C) bring U.S. tariffs in line with tariffs imposed on goods imported into foreign trade zones and duty-free ports
D) provide for specific exemptions from WTO tariff schedules
E) none of the other choices
Correct Answer:
Verified
Q181: A tariff which imposes a fixed tax
Q182: A specific tariff is:
A) applied only to
Q183: A tariff which imposes a fixed tax
Q184: Unlike an ad valorem tariff in international
Q185: Which of the following is a way
Q187: A tariff which imposes a tax as
Q188: Another word for tariff is:
A) fee
B) fine
C)
Q189: The U.S. standardizes the way in goods
Q190: An ad valorem tariff is:
A) duty or
Q191: Business wanting to know the duty (tax)
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