by: Admin_LouisPosted on:

________________________ type of tariff is levied on a good based on a percentage of that good’s value.

________________________ type of tariff is levied on a good based on a percentage of that good’s value.

Fixed tariff

Income tariff

foreign tariff

—>> Ad Valorem Tariff

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  1. With globalization of economic activities and liberalization of trade, organizations are conducting their business in the ____________environment.
  2. The __________________ of comparative advantage became a basic constituent of neoclassical trade theory
  3. The____________ model, in its basic form, predicts trade based on the distance between countries and the interaction of the countries’ economic sizes
  4. ___________ is a policy by which a government does not discriminate against imports or interfere with exports

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