Which of the following is the best example of a tariff?
A) a limit imposed on the number of sports utility vehicles that the United States can import from Japan
B) a subsidy granted by the U.S.government to domestic garment manufacturers so they can compete more effectively with foreign garment manufacturers
C) a tax placed on all sports utility vehicles sold in the domestic market
D) a $5,000 per-car fee imposed on all sports utility vehicles imported into the United States
Correct Answer:
Verified
Q123: A tariff
A)makes domestic consumers better off.
B)makes both
Q125: Figure 7-2 Q125: In order to avoid the imposition of Q127: A quota Q130: Figure 7-2 Q130: Which of the following is the best Q132: Figure 7-2 Q133: Which of the following is the best Q134: The "Buy American" provision in the 2009 Q140: Figure 7-2 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)makes domestic consumers worse off.
B)makes both
