Taxes on goods and services when they cross state borders are better known as ______.

Question

Quizplus · Accepted Answer

Tariffs are taxes on goods and services when they cross state borders, while subsidies are payments made by the government to support a certain industry or group. Quotas are limitations on the amount of a certain product that can be imported or exported, and price controls are government regulations on the prices of certain goods or services.

Taxes on Goods and Services When They Cross State Borders