What Is an Ad Valorem Import Duty

question 9

Multiple Choice

What is an ad valorem import duty?

• A)a requirement that a parent buy the output of a foreign subsidiary
• B)a tariff charged by a government on the invoice price of goods coming into its country
• C)a requirement that a subsidiary acquire its material inputs from a foreign parent
• D)a tax charged on intercompany transactions

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Definitions:

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