Examlex
Which of the following agencies has the most influence on the health and welfare of US citizens?
Ad Valorem
A term describing taxes or duties calculated as a percentage of the value of goods or property.
Quota
A government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specified time frame.
Protective Tariffs
Taxes imposed on imported goods to protect domestic industries from foreign competition by making imported goods more expensive.
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