A tax of 20 cents per unit of imported cheese would be an example of a(n)
A) compound tariff.
B) effective tariff.
C) ad valorem tariff.
D) specific tariff.

Name: A tax of 20 cents per unit of imported cheese would be an example of a(n) A) compound tariff. B) effective tariff. C) ad valorem tariff. D) specific tariff.
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Question

Quizplus · Accepted Answer

A specific tariff is a fixed amount of tax applied to each unit of a product imported. In this case, the tax of 20 cents per unit of cheese is a specific tariff.

A Tax of 20 Cents Per Unit of Imported Cheese