When a government puts a tax on an imported good that effectively stops all imports of that good,it is a(n)
A) prohibitive tariff.
B) export subsidy.
C) quota.
D) special drawing right.
E) negative import tax.
Correct Answer:
Verified
Q51: A tariff is a(n)
A) limit on exports.
B)
Q52: If all tariffs were prohibitive
A) all domestic
Q53: A secondary reason for a government to
Q54: The following question are based on the
Q55: When foreign trade is permitted,the eventual price
Q57: The effect of a tariff on a
Q58: Taxes imposed on imports are called
A) depreciation.
B)
Q59: The following question are based on the
Q60: Cash rebates,tax exemptions,preferential financing,and insurance arrangements are
Q61: Economists generally dislike the restriction of trade
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