A(n) _____ on imports is a fixed amount per unit of the product assessed by a government at its border.

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Quizplus · Accepted Answer

A unit tax is a fixed amount per unit of the product assessed by a government at its border. An ad valorem tax, on the other hand, is based on a percentage of the value of the imported product. A quota is a limit on the quantity of a product that can be imported, and a subsidy is a payment made by a government to support a domestic industry.

A(n) _____ on Imports Is a Fixed Amount Per Unit