Ad Valorem Tariffs on Imports Are Based on a Percentage

question 143

True/False

Ad valorem tariffs on imports are based on a percentage of an import's value; specific tariffs are based on a lump sum per physical unit imported.

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Compliance-based Approach

A method in business ethics focusing on adhering to laws, regulations, and company policies to avoid misconduct and penalties.

Integrity-based Approach

A method of operation that focuses on consistency between expressed values, actions, and ethical standards, emphasizing accountability and transparency.

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