The Type of Tariff That Levies Import Duties That Are

question 23

Multiple Choice

The type of tariff that levies import duties that are set as a percentage of the value of the imported goods is known as the

• A)ad valorem tariff
• B)protective tariff
• C)revenue tariff
• D)flat-rate tariff

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Definitions:

International Brand

A brand that is recognized and available in multiple countries across the world, often associated with consistent quality and experience.

Marketing Strategy

A long-term plan designed to achieve the marketing goals of an organization by effectively reaching its target market and converting potential customers into actual ones.

Marketing Strategies

Marketing strategies are comprehensive plans formulated to achieve specific marketing goals, such as increasing brand awareness, attracting new customers, or boosting sales.

Target Market

The specific group of consumers at whom a company aims its products and services.