A flat fee or fixed amount per unit imposed by a government on an imported product is called a(n) ________.
A) ad valorem tariff
B) specific tariff
C) protective tariff
D) export tariff

Question

Quizplus · Accepted Answer

A specific tariff is a fixed fee imposed by a government on each unit of an imported product, unlike an ad valorem tariff which is based on the value of the goods.

A Flat Fee or Fixed Amount Per Unit Imposed by a Government