While __________ Tariffs Are Levied as a Fixed Charge for Each

question 66

Multiple Choice

While __________ tariffs are levied as a fixed charge for each unit of a good imported,__________ tariffs are levied as a proportion of the value of the imported good.

• A) general; special
• B) ad valorem; special
• C) global; special
• D) specific; ad valorem
• E) predatory; percentage

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Definitions:

Tainos

Indigenous peoples of the Caribbean, the first Native Americans to encounter Christopher Columbus and his men upon their arrival in the New World.

Lucrative Relations

Relationships, either between countries or businesses, that are highly profitable and beneficial to the parties involved.

Civilization

A complex society characterized by the development of forms of government, social stratification, urbanization, and symbolic systems of communication such as writing.

Agricultural Practices

Methods and techniques used in farming to cultivate plants and raise animals for food, fiber, and other products.