Question: What is an ad valorem import duty system? A)A requirement that a parent buy the output of a foreign subsidiary. B)A tariff charged by a

What is an ad valorem import duty system?

A)A requirement that a parent buy the output of a foreign subsidiary.

B)A tariff charged by a government on the invoice price of goods coming into its country.

C)A requirement that a subsidiary acquire its material inputs from a foreign parent.

D)A tax charged on intercompany transactions.

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