What is the term for a direct tax on imported goods designed to make it more expensive to buy those goods,in hopes of reducing the volume of those imported goods in a given country?
A)tariff
B)nontariff barrier
C)trade roadblock
D)boycott quota

Question

What is the term for a direct tax on imported goods designed to make it more expensive to buy those goods,in hopes of reducing the volume of those imported goods in a given country?
A)tariff  
B)nontariff barrier  
C)trade roadblock  
D)boycott quota

Quizplus · Accepted Answer

Tariff is a tax imposed on imported goods, which increases the price of those goods, making them less attractive to consumers than domestically produced goods. The purpose of imposing tariffs is to reduce the volume of imported goods, to protect domestic industries and employment, and to generate revenue for the importing government.

What Is the Term for a Direct Tax on Imported