A tax that is imposed by the importing country when an imported good crosses its international boundary is called
A) an import quota.
B) an export subsidy.
C) dumping.
D) a tariff.

Question

Quizplus · Accepted Answer

A tariff is a tax imposed by a government on goods and services imported from other countries, increasing the cost of those goods and services to the consumer in the importing country. This makes imported goods less competitive compared to domestic products.

A Tax That Is Imposed by the Importing Country When