A specific tariff of $10 would provide the same level of protection for a $100 good as for a $200 good.

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Quizplus · Accepted Answer

A specific tariff is a fixed fee per unit (e.g., $10 per item), so its relative impact decreases as the value of the good increases. Therefore, a $10 tariff provides more protection (percentage-wise) for a $100 good than for a $200 good, as it represents a higher percentage of the good's value.

A Specific Tariff of $10 Would Provide the Same Level