A tariff or import duty which are a combination of the ad valorem and specific duty
A) Transit duty
B) Sliding scale duty
C) Revenue tariff
D) Compound duty
Correct Answer:
Verified
Q12: The system devised to administer the types
Q13: The quota system in which domestic producers
Q14: Tariff can be levied upon
A)Export only
B)Import only
C)Both
Q15: The tariffs or duties levied upon goods
Q16: High tariffs have the effect of restricting
A)The
Q18: On the basis of retaliation, tariffs can
Q19: Once import quota is levied on a
Q20: An increase in domestic production of goods
Q21: Which of the following items is not
Q22: In balance of payments account, all goods
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents