Which of the Following Statements Is True

question 27

Multiple Choice

Which of the following statements is true?

• A) an ad valorem tariff is a fixed sum per unit
• B) the U.S. does not allow exports tariffs
• C) in the case of a small country the cost of a tariff is split between the buyer and seller
• D) a specific tariff is a % of the value of the unit

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Definitions:

Pavlovian Conditioning

A form of learning in which a neutral stimulus comes to elicit a response after being paired with a stimulus that naturally brings about that response, named after Ivan Pavlov.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Reinforcement Theory

Reinforcement Theory is a psychological principle that suggests behavior is shaped by its consequences, with positive reinforcement encouraging and negative reinforcement discouraging certain actions.

Performance Evaluations

Systematic assessments of an employee's job performance and overall contribution to a company.