China considered raising _____ on certain categories of textiles in the hope of slowing down the rapid growth in number of shipments to the U.S. and Europe by raising the price of the textiles to foreign buyers.

Question

Quizplus · Accepted Answer

Export tariffs are taxes imposed by a country on goods leaving the country, which would raise the price of those goods to foreign buyers, potentially slowing down the growth in shipments.

China Considered Raising _____ on Certain Categories of Textiles in the Hope