Unlike a specific tariff,an ad valorem tariff differentiates between commodities with different values.

Name: Unlike a specific tariff,an ad valorem tariff differentiates between commodities with different values.
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Quizplus · Accepted Answer

An ad valorem tariff is a tax based on the value of a good or product, rather than a flat rate applied to all commodities. This means that the amount of the tariff will vary depending on the value of the item being imported or exported.

Unlike a Specific Tariff,an Ad Valorem Tariff Differentiates Between Commodities