Taxes levied on goods and services transported across political boundaries are referred to as ________.

Name: Taxes levied on goods and services transported across political boundaries are referred to as ________.
Brand: Quizplus
Rating: 4.8 (57 reviews)

Question

Quizplus · Accepted Answer

Tariffs are taxes imposed on imported goods and services by a country. They are also sometimes referred to as customs duties. Tariffs can make imported goods more expensive, thereby protecting domestic industries and generating revenue for the country.

Taxes Levied on Goods and Services Transported Across Political Boundaries