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Economics
MEDIUM
ENGLISH
Economics
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) ?
A
specific tariff
Option A
B
ad valorem tariff
Option B
compound tariff
Correct answer
D
effective tariff
Option D
Correct answer: C
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