从价税(ad valorem tariff)
A、Ad valorem tariff
B、Specific tariff
C、Effective tariff
D、Compound tariff
A、Import tariff
B、Import quota
C、Import subsidy
D、Ad valorem tariff
A、a specific tariff will tend to raise more revenue than an ad valorem tariff.
B、an ad valorem tariff will tend to raise more revenue than a specific tariff.
C、an optimum tariff will tend to raise more revenue than an escalating tariff.
D、a tariff quota will tend to raise more revenue than a specific tariff.
A、the "true" ad valorem value of a tariff.
B、the quota equivalent value of a tariff.
C、the efficiency with which the tariff is collected at the customhouse.
D、the protection given by the tariff to domestic value added.
A.Specific tariff quota
B.Voluntary export restraint
C.tariff rate quota
D.Ad valorem tariff
?Read the advice about cooperation.
?Choose the best word to fill each gap, from A, B, C or D on the opposite page.
?For each question 19—33 mark one letter (A, B, C or D) on your Answer Sheet.
?One answer has been given as an example at the beginning.
CATSA
Gia Andina de Triconos (CATSA), a Bolivian joint venture of the U. S. Dresser Industries and local investors, which had based its investment (19) an allocation under the metalworking program, closed its doors after (20) to penetrate the Andean market after more than two years in operation.
The prospect of (21) access to the Andean market, plus protection provided by a 55 percent "ad valorem" common outer tariff on bits sourced from outside the bloc, made the sales outlook seem (22) . However, CATSA's "monopoly" position in Ancom proved specious. (23) the plant went on stream in 1974, the company was never able to export a single drill bit to the Andean market, and its local sales were (24) a state-owned petroleum company. This market was clearly (25) , since the operation had been based on exporting the bulk of the plant's 200-unit-per-month capacity to the Andean area.
CATSA could not penetrate the Ancom market for several reasons:
Although Ancom (26) a 55 percent common outer tariff on third-country imports, some Ancom countries had previously (27) LAFTA (Latin American Free Trade Association) tariff concessions, which take precedence over the Ancom tariffs.
Ancom members simply did not (28) the spirit of the metalworking agreement. After the installation of the CATSA facility, plants producing tricorne bits (29) in Peru and Venezuela. Under the metalworking program, participating (30) were committed to prohibiting new foreign investment in allocations of other Ancom countries. But on the question of new investment by local industry, the obligation was only not to encourage it, with no requirement to prevent it. (31) Venezuela, it has no commitment to limit local production or to honour the outer tariff, because it was not yet a member of Ancom when the metalworking agreement was signed and was thus not a (32) to the pact. Also, according to Bolivia, Colombia and Ecuador employed (33) obstacles to avoid applying the common outer tariff.
(19)
A.in
B.to
C.under
D.on
A.transaction value
B.VAT
C.ad valorem duty
D.dutiable value
A.most-favored-nation (MFN) treatment
B.ad valorem
C.drawback
D.foreign exchange earnings
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