An effective tariff is the sum of the ad valorem tariff plus the specific duty.
Indicate whether the statement is true or false
Question 2
Agricultural subsidies by developed countries impede the competitiveness of agricultural exports by developing countries.
Indicate whether the statement is true or false
Question 3
When customs officials set a value on which to place an import tariff, they ordinarily use the declared invoice price unless they doubt its authenticity.
Indicate whether the statement is true or false
Question 4
The purpose of Made in labels on imported products is to enable countries to keep records of the origin of imports.
Indicate whether the statement is true or false
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What rate, compounded once every 3 years, is equivalent to 9% effective rate?
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