A specific amount of money levied on each unit of a product brought into the country is a(n)
A) ad valorem tariff.
B) value-added tariff.
C) fixed tariff.
D) protective tariff.
E) duty-free tariff.

Name: A specific amount of money levied on each unit of a product brought into the country is a(n) A) ad valorem tariff. B) value-added tariff. C) fixed tariff. D) protective tariff. E) duty-free tariff.
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Question

Quizplus · Accepted Answer

A fixed tariff is a specific amount of money levied on each unit of a product brought into the country.

A Specific Amount of Money Levied on Each Unit of a Product