The U.S.Rice Millers' Association claims that if the Japanese government would remove the tax on imported U.S.rice,Japanese consumers would save $6 billion annually.This tax is an example of a(n):
A) embargo
B) tariff
C) import quota
D) transfer fee
E) fiscal control

Question

Quizplus · Accepted Answer

The tax mentioned in the statement is a tariff, which is a tax on imported goods.

The USRice Millers' Association Claims That If the Japanese Government Would