Which of the following will add to the cost of an imported product by levying an additional tax upon it?
A) tariffs
B) quotas
C) local content requirements
D) embargoes
Correct Answer:
Verified
Q53: Products manufactured in Brazil are transported through
Q54: A country imposes a tariff on goods
Q55: A(n)_ tariff (or duty)is levied as a
Q56: _ make it more difficult for importers
Q57: Regulatory controls or bureaucratic rules designed to
Q59: Using tariffs to generate government revenue is
Q60: Which of the following is an import
Q61: When a company exports a product at
Q62: An embargo is the most restrictive nontariff
Q63: Tariffs tend to exact a cost on
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