A Tariff Which Imposes a Fixed Tax on Each Unit

question 174

Multiple Choice

A tariff which imposes a fixed tax on each unit of a product is known as a(n) :

• A) fixed tariff
• B) duty tariff
• C) specific tariff
• D) ad valorem tariff
• E) percentage tariff

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Definitions:

Same End

Achieving the same outcome or goal despite possibly using different means.

Output

The final product, result, or amount of something produced by a process, system, or activity.

Communication Flow

The movement and direction of information within an organization or between individuals, including how effectively information is shared.

Interface

The point of interaction or communication between two systems, devices, or individuals, facilitating exchange or operation.