Sweden Applies a System to Certain Categories of Imported Agricultural

question 15

Multiple Choice

Sweden applies a system to certain categories of imported agricultural products which is referred to as:

• A) temporary surcharges.
• B) ad valorem duty.
• C) variable import levies.
• D) specific duty.
• E) countervailing duty.

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Definitions:

Conservation

The practice of protecting natural resources and the environment through preservation, management, and restoration efforts to prevent degradation.

Crude Oil

A natural, unrefined petroleum product composed of hydrocarbon deposits and other organic materials.

Distillation

A process of separating components from a liquid mixture by selective boiling and condensation, commonly used in the purification of water, alcohol, and chemicals.

Hydrocarbon

is an organic compound consisting entirely of hydrogen and carbon atoms, commonly found in fossil fuels and as the basis of various organic substances.