Tariffs That Are Ad Valorem Are ________

question 9

Multiple Choice

Tariffs that are ad valorem are ________.

• A)based on the weight or size of the imported product
• B)assessed as a percentage of the imported product's value
• C)intended to provide a steady flow of income for the government
• D)charged regardless of the imported product's value

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Definitions:

Consistency

The quality of always behaving or performing in a similar way, maintaining the same standards.

Openness to Experience

A personality trait characterized by a willingness to try new things, be creative, and think outside the traditional framework.

Conscientiousness

A personality trait characterized by organization, dependability, and a strong sense of duty.

Neuroticism

A personality trait characterized by a long-term tendency to experience negative emotions such as anxiety, sadness, and moodiness.