Which of these adds to the cost of an imported product by levying an additional tax upon it?

Question

Quizplus · Accepted Answer

Tariffs are taxes imposed on imported products, increasing their price and making them less attractive compared to locally produced goods.

Answer: B) Quotas 
 Quotas limit the quantity of an imported product allowed into a country, which can create scarcity and drive up prices. However, quotas do not directly add a tax to the product itself.

Answer: C) Local content requirements 
 Local content requirements mandate that a certain percentage of a product's components or production must occur within the importing country. This can add to the cost of the product, but not necessarily through a tax.

Answer: D) Embargoes 
 Embargoes completely ban imports from a particular country or region, but do not directly levy a tax on the product itself.

Which of These Adds to the Cost of an Imported