An importer of computers is required to pay a duty to the government of $100 per computer regardless of the price of the computer.Which type of tariff is described in this example?
A) tariff quota
B) compound tariff
C) specific tariff
D) ad valorem tariff

Question

Quizplus · Accepted Answer

A specific tariff is a fixed amount of tax that is levied per unit of a good imported. In this case, the importer is required to pay a fixed amount of $100 per computer, which is an example of a specific tariff.

An Importer of Computers Is Required to Pay a Duty