Q
Suppose that Pakistan imposes a tariff on ballpoint pens of 25 rupees per pen plus 12 percent of the pen’s value, this is an example of a (an) ?
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A
A. Specific tariff
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B
B. Ad valorem tariff
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C
C. Compound tariff
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D
D. Effective tariff
Correct Answer:
C. C. Compound tariff