Which of the following is the best example of a tariff?
A) A subsidy from the government to domestic manufacturers of residential air conditioners to enable them to compete more effectively with foreign producers.
B) A limit on the quantity of residential air conditioners that can be imported from a foreign country.
C) A $150 fee imposed on all imported residential air conditioners.
D) A tax placed on all residential air conditioners sold in the domestic market to help offset the impact of emissions on the environment.
Correct Answer:
Verified
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