To protect domestic producers from foreign competition, the U.S. government levies both import tariffs and export tariffs.
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With a compound tariff, a domestic importer of an automobile might be required to pay a duty of $200 plus 4 percent of the value of the automobile.
A. 对
B. 错
With a specific tariff, the degree of protection afforded domestic producers varies directly with changes in import prices.
A. 对
B. 错
During a business recession, when cheaper products are purchased, a specific tariff provides domestic producers a greater amount of protection against import-competing goods.
A. 对
B. 错
A ad valorem tariff provides domestic producers a declining degree of protection against import-competing goods during periods of changing prices.
A. 对
B. 错