Examlex
The strength of the effects of X (independent variable or factor) on Y (dependent variable) is measured by ________.
Import Quota
A government-imposed limit on the quantity of a specific good that can be imported into a country within a given timeframe.
Specific Tariff
A fixed fee imposed on imported goods based on quantity, such as units, weight, or volume, rather than value.
Ad Valorem Tariff
A tax imposed on imported goods, calculated as a percentage of the value of the imports rather than a fixed rate.
World Price
The global market cost for a product or service, set by the overall demand and supply dynamics.
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