Economics · International Trade
Match LIST-I (Trade Tariff) with LIST-II (Explanation) and select the correct answer using the codes given below: LIST-I A. Specific Tariff B. Ad valorem Tariff C. Compound Tariff D. Variable Tariff LIST-II I. Fixed percentage of the value of the commodity II. Fixed amount of money per unit III. Duty fixed to bring the price of imported commodity to the level of domestic support price IV. Combination of Ad valorem and Specific Tariff
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-I, B-II, C-III, D-IV
- 2A-II, B-I, C-IV, D-III✓
- 3A-III, B-IV, C-II, D-I
- 4A-IV, B-III, C-II, D-I
Correct answer
A-II, B-I, C-IV, D-III
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