题目内容

The deadweight loss of a tariff:

A. Is a social loss since it promotes inefficient production
B. Is a social loss since it reduces the revenue for the government
C. Is not a social loss because society as a whole doesn't pay for the loss
D. Is not a social loss since only business firms suffer revenue losses

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Which of the following is a fixed percentage of the value of an imported product as it enters the country?

A. Specific tariff
B. Ad valorem tariff
C. Nominal tariff
D. Effective tariff

A tax of 20 cents per unit of imported cheese would be an example of:

A. Compound tariff
B. Effective tariff
C. Ad valorem tariff
D. Specific tariff

A tax of 15 percent per imported item would be an example of:

Ad valorem tariff
B. Specific tariff
C. Effective tariff
D. Compound tariff

Which type of tariff is not used by the Amercian government?

A. Import tariff
B. Export tariff
C. Specific tariff
D. Ad valorem tariff