The EU has recently agreed to cut the taxes it charges on bananas imported from Central and South America.This tax is a type of
A)embargo.
B)tariff.
C)import quota.
D)predatory selling.
E)boycott.

Name: The EU has recently agreed to cut the taxes it charges on bananas imported from Central and South America.This tax is a type of A)embargo. B)tariff. C)import quota. D)predatory selling. E)boycott.
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Question

Quizplus · Accepted Answer

A tariff is a trade barrier in the form of a customs duty, or tax, levied mainly on imports.

The EU Has Recently Agreed to Cut the Taxes It