A lumps sum tax per unit on imports is known as:

CA Foundation · Business Economics · MTP · June 2024
A lumps sum tax per unit on imports is known as:
(A) A. A specific tariff
(B) B. An effective tariff
(C) C. An effective quota
(D) D. A specific quota

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. A specific tariff

Topics: International Trade

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic