

McqMate
Q. |
Ad valorem tariffs are |
A. | Duties levied per physical unit of the commodity imported |
B. | Duties levied as fixed percentage of the value of the imported commodity |
C. | Duties which tend to vary with the prices of the imported commodities |
D. | None of the above |
Answer» B. Duties levied as fixed percentage of the value of the imported commodity |
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