An ad valorem duty is a tax on the basis of: Options: A . &nbspThe price of a commodity B . &nbspThe value added C . &nbspThe advertisement expenditure D . &nbspThe unit of the commodity

An ad valorem duty is a tax on the basis of:

Question

An ad valorem duty is a tax on the basis of:

Options:

A . The price of a commodity

B . The value added

C . The advertisement expenditure

D . The unit of the commodity

Answer: Option A
:
A
Ad valorem depends on the price of the commodity.

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