Some countries in Asia,Latin America,and Eastern Europe impose ________ and custom duties to restrict imports of certain goods.

Question

Quizplus · Accepted Answer

Tariffs are taxes imposed by a country on goods imported from other countries, to restrict their imports and promote domestic industries. Some countries in Asia, Latin America, and Eastern Europe impose tariffs and custom duties to restrict imports of certain goods. Passes, rebates, refunds, and coupons are not relevant to import restrictions.

Some Countries in Asia,Latin America,and Eastern Europe Impose ________ and Custom