An ad valorem tax is imposed on
...An ad valorem tax is imposed on
Special commodities
Exports
Imports
The value of a commodity
Correct answer is D
An ad valorem tax (Latin for "according to value") is a tax whose amount is based on the value of a transaction or of property. It is typically imposed at the time of a transaction, as in the case of a sales tax or value-added tax (VAT)
Palm oil industry is located in Bendel State because the state ...
By ‘trade by barter’, we mean ...
In the firm's production process, marginal cost ...
The study of economics becomes necessary because of the ...
A joint stock company enjoys perpetual existence because ...
Post harvest losses in West African countries can be reduced if ...
Comparative cost doctrine of international trade means specialization in production ...