Which of the following is a duty that is a stipulated amount per unit of weight or some other measure of quantity?

Question

Quizplus · Accepted Answer

A specific duty is a duty that is a stipulated amount per unit of weight or some other measure of quantity. Ad valorem duty is a duty that is a percentage of the value of the goods. Compound duty is a combination of both specific and ad valorem duties. Percentage duty is a duty that is a percentage of the value of the goods, similar to ad valorem duty. Fabricated duty is not a recognized term in international trade.

Which of the Following Is a Duty That Is a Stipulated