Ad Valorem Duties Are Best Described as

question 45

Multiple Choice

Ad valorem duties are best described as

• A)an ad valorem duty is a percentage tax levied at customs on the assessed value of the imported good.
• B)a value-added tax on domestic production.
• C)a percentage tax levied at customs on the value added by shipping the good.
• D)none of the above

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Definitions:

Coefficient Alphas

A statistical measure used to assess the reliability or internal consistency of a test or scale.

Homogeneity

The degree to which a set of elements, such as group members or data points, are similar or uniform in nature.

Reliability Estimates

Statistical measures that assess the consistency or repeatability of a scale, test, or measurement tool over time.

Exploratory Factor Analysis (EFA)

A statistical technique used to identify underlying structures (factors) that explain patterns of correlations within a set of observed variables.