Ask Question
29 September, 10:31

In two to three sentences, explain how a tariff on cars can reduce the demand for imported cars.

+5
Answers (1)
  1. 29 September, 13:08
    0
    A tariff by definition is a tax to be paid on a particular class of imports or exports. so if people had to start paying extra for imported cars the demand for imported cars would be reduced and the demand for more domestic vehicles would rise.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In two to three sentences, explain how a tariff on cars can reduce the demand for imported cars. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers