A tax on imports is known as a(n)
A) import subsidy.
B) nontariff trade barrier.
C) tariff.
D) voluntary quota.
E) quota.
Correct Answer:
Verified
Q111: The following graph depicts the market for
Q112: An example of a tariff is
A) Japanese
Q113: A quota
A) imposes a tax on goods
Q114: The following graph depicts the market for
Q115: The following graph depicts the market for
Q117: When a country decides to impose a
Q118: The following graph depicts the market for
Q119: There is a 5 percent average tax
Q120: The following graph depicts the market for
Q121: When a foreign supplier sells a good
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