Ad valorem tariffs are:
A) fixed taxes that are levied on the customers regardless of the value of the product or the service.
B) taxes that are levied as a fixed charge, regardless of the value of the product or service.
C) tariffs that are calculated as a percentage of the value of the product or service.
D) taxes that are levied on the exporters depending on the value of the products or the service being provided.
E) taxes that are levied on the producers of specific goods as decided by the ministry in charge of the finances of a country.
Correct Answer:
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