The most common form of tariff is a countervailing duty.

Name: The most common form of tariff is a countervailing duty.
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The most common form of tariff is not countervailing duty, it is actually a customs duty, also known as an import tariff. Countervailing duty is a type of tariff that is imposed on imported goods in order to offset subsidies given by the exporting country to its own producers.

The Most Common Form of Tariff Is a Countervailing Duty