The __________ imposed on bananas by European Union countries cost consumers $2 billion a year in higher prices.
A)boycotts
B)tariffs
C)quotas
D)sanctions
E)exchange subsidies

Question

Quizplus · Accepted Answer

Tariffs are taxes imposed on imported goods to make them more expensive and less competitive with domestically-produced goods. In this case, European Union countries imposed tariffs on bananas, which led to higher prices for consumers.

The __________ Imposed on Bananas by European Union Countries Cost