Which of the following is a fixed percentage of the value of an imported product?

A) specific tariff
B) ad valorem tariff
C) nominal tariff
D) effective protection tariff
E) infant industry tariff

B

Economics

You might also like to view...

The period of time in which the level of output moves from a trough to a peak is called a

A) contraction or recession. B) recovery or expansion. C) plateau. D) depression.

Economics

What are the three ingredients of a financial and banking crisis?

What will be an ideal response?

Economics