What type of tariff is assessed as a specific dollar amount per unit of weight or other standard measure?
A) ad valorem tariff
B) specific tariff
C) export tariff
D) compound tariff

Question

Quizplus · Accepted Answer

Specific tariffs are assessed as a fixed amount per unit of weight or other standard measure, making them distinct from ad valorem tariffs, which are based on the value of the goods.

What Type of Tariff Is Assessed as a Specific Dollar