One of the most common forms of trade restrictions is the ad valorem tariff, which represents a tax on imports evaluated as a percentage of the value of the import.

Name: One of the most common forms of trade restrictions is the ad valorem tariff, which represents a tax on imports evaluated as a percentage of the value of the import.
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Quizplus · Accepted Answer

The ad valorem tariff is indeed a tax on imports that is calculated as a percentage of the value of the imported product.

One of the Most Common Forms of Trade Restrictions Is