A limitation of a specific tariff is that it provides a constant level of protection for domestic commodities regardless of fluctuations in their prices over time.

Question

Quizplus · Accepted Answer

A specific tariff is a fixed fee for each unit of imported goods and does not adjust for price changes, meaning the level of protection can vary if the price of the domestic or imported goods changes.

A Limitation of a Specific Tariff Is That It Provides