Which of the following is the best example of a tariff?
A)a tax placed on all small cars sold in the domestic market.
B)a limit imposed on the number of small cars that can be imported from a foreign country.
C)a subsidy from the U.S.government to domestic manufacturers of small cars so they can compete more effectively with foreign producers of small cars.
D)a $100-per-car fee imposed on all small cars imported.

Question

Which of the following is the best example of a tariff?
A)​a tax placed on all small cars sold in the domestic market.
B)​a limit imposed on the number of small cars that can be imported from a foreign country.
C)​a subsidy from the U.S.government to domestic manufacturers of small cars so they can compete more effectively with foreign producers of small cars.
D)​a $100-per-car fee imposed on all small cars imported.

Quizplus · Accepted Answer

A tariff is a tax on imported goods. Option D is the only example that fits this definition.

Which of the Following Is the Best Example of a Tariff