A tax levied by the government on a good imported into a country is called a(n):

Question

Quizplus · Accepted Answer

A tax levied on imported goods is called a tariff. Therefore, the best choice is E. Quota refers to a limit on the quantity of imports. Trade agreement refers to a treaty between countries to facilitate trade. Embargo refers to a ban on trading with a particular country or goods. Exchange rate refers to the value of one currency in relation to another.

A Tax Levied by the Government on a Good Imported