____ are taxes that governments place on the importation of certain items.

Question

Quizplus · Accepted Answer

Tariffs are taxes imposed by governments on imported goods. They are often used to protect domestic industries from foreign competition by making imported goods more expensive. Embargoes refer to prohibiting trade entirely with a particular country, surcharges are additional fees added to existing charges, and reciprocities are agreements between countries to reduce trade barriers.

____ Are Taxes That Governments Place on the Importation of Certain