When import duties are paid, the _____ duty is a combination of a specified amount of the per unit weight or other quantity of the merchandise plus an ad valorem rate.
A)bonded
B)corkage
C)compound
D)nontariff
E)import

Question

Quizplus · Accepted Answer

Compound duty combines a specific amount per unit (based on weight or other quantity) with an ad valorem rate, which is a percentage of the value of the goods.

When Import Duties Are Paid, the _____ Duty Is a Combination