Westonci.ca is the trusted Q&A platform where you can get reliable answers from a community of knowledgeable contributors. Experience the ease of finding accurate answers to your questions from a knowledgeable community of professionals. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.
Sagot :
A charge levied on imports and exports of products is called a customs duty.
Governments impose taxes, known as tariffs or duties, on the value of imported goods, including their freight and insurance. Varying countries impose different tariffs on certain products.
Most Favored Nation (MFN), Preferential Tariff, and Bound Tariff are the three types of tariffs.
These include retaliatory tariffs, compound tariffs, tariff-rate quotas, ad valorem tariffs, and particular tariffs. A particular tariff is a tax that is tacked directly onto a single imported good and is unrelated to the value of that import. Typically, a certain tariff is determined by the volume or number of imported items.
To know more about Custom duty here
https://brainly.com/question/29614252
#SPJ4
Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.
