There is a 5 percent average tax on imported goods in the United States.This tax is known as a(n)
A) income tax.
B) sales tax.
C) tariff.
D) quota.
E) importer tax.
Correct Answer:
Verified
Q114: The following graph depicts the market for
Q115: The following graph depicts the market for
Q116: A tax on imports is known as
Q117: When a country decides to impose a
Q118: The following graph depicts the market for
Q120: The following graph depicts the market for
Q121: When a foreign supplier sells a good
Q122: When a foreign supplier tries to "dump"
Q123: An example of a nonvoluntary import quota
Q124: In the domestic market following the imposition
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