A tax on a good that is imposed when it is imported is called
A) an import quota.
B) a VER.
C) a tariff.
D) a sanction.
E) a border tax.

Question

Quizplus · Accepted Answer

A tax on a good that is imposed when it is imported is called a tariff. A tariff is a common way for governments to protect their domestic industries by making foreign goods more expensive, thereby making domestic goods more competitive.

A Tax on a Good That Is Imposed When It