An excise tax on imported items is known as a(n)

Name: An excise tax on imported items is known as a(n)
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

An excise tax on imported items is known as a tariff. Quota refers to a limit on the quantity of a commodity that can be imported/exported. Export restriction refers to a restriction on export of certain goods. Price ceiling refers to a legal limit on the price at which a good or service can be sold.

An Excise Tax on Imported Items Is Known as A(n)