A charge levied on imports in terms of a fixed percentage of value is known as a(n) :
A) specific tariff.
B) ad valorem tariff.
C) import quota.
D) import concession.
E) import substitution.
Correct Answer:
Verified
Q52: The following graph shows U.S.demand for and
Q53: Tariffs and quotas:
A)reduce consumer surplus and increase
Q54: If there are no trade restrictions,a country
Q55: The following graph shows U.S.demand for and
Q56: The following graph shows U.S.demand for and
Q58: The following graph shows the market equilibrium
Q59: The world demand for and the world
Q60: The following graph shows the market equilibrium
Q61: An effective import quota:
A)lowers the price of
Q62: The following graph shows the demand for
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