Specific tariffs are collected as
A) fixed amounts of money per unit traded.
B) a percentage of the price of the product.
C) a percentage of the quantity of imports.
D) All of the above.
A
Economics
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a) macroeconomic b) externality c) microeconomic d) aggregate
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A current account deficit in a nation's balance of payments accounts implies that
a. imports are equal to exports. b. exports exceed imports. c. expenditures are more than income. d. income is more than expenditures.
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