Recently,the Japanese government,under pressure from its domestic farm lobby,slapped government taxes on mushrooms,leeks,and the reeds used in tatami mats that were being imported from China.These taxes Japan levied are referred to as
A)WTO taxes.
B)quotas.
C)tariffs.
D)excise taxes.
E)subsidies.

Question

Quizplus · Accepted Answer

Tariffs are government taxes on products or services entering a country that primarily serve to raise prices on imports.

Recently,the Japanese Government,under Pressure from Its Domestic Farm Lobby,slapped Government