Sweden applies a system to certain categories of imported agricultural products which is referred to as:
A) temporary surcharges.
B) ad valorem duty.
C) variable import levies.
D) specific duty.
E) countervailing duty.

Question

Quizplus · Accepted Answer

Sweden applies variable import levies on certain categories of agricultural products, which are tariffs that fluctuate based on the market price of the product. This is intended to stabilize the market for domestic producers and to prevent price fluctuations caused by imports.

Sweden Applies a System to Certain Categories of Imported Agricultural