A Tax on an Import Evaluated as a Percentage of the Value

question 61

Multiple Choice

A tax on an import evaluated as a percentage of the value of the import is called a(n)

• A)per unit tariff.
• B)sales tax.
• C)ad valorem tariff.
• D)specific tariff.
• E)value-added tax.

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Definitions:

Submucosa

The layer of the alimentary canal located between the mucosa and the muscular layer.

Nutrients

Substances obtained from food and used by our bodies for growth, energy, and maintaining health.

Mucus

A sticky, slimy substance produced by mucous membranes in the body, acting as a lubricant and protective barrier against foreign particles and microbes.

Enzymes

Enzymes are biological catalysts that speed up chemical reactions in living organisms, playing essential roles in various biochemical processes.