Which term defines a tax that a country's government adds to the cost of imports?

A) free-trade tax B) tariff C) quota D) export tax

Question

Geography

Byron Washington

4 May, 03:15

Which term defines a tax that a country's government adds to the cost of imports?

A) free-trade tax B) tariff C) quota D) export tax

+2

Answers (2)

Know the Answer?

Nathanael Mayer · Answer 1

B) tariff

Explanation:

A tariff is collected by the governments of the other countries as an import duty towards the cost of the country's valuable resources. As the price gets increased and more domestic companies are willing to produce the goods so as to balance the terms of trade and to increase their domestic production and demand in the global markets.

Jace Snyder · Answer 2

Answer: b.) tariff

explanation: because it is the only one out of the answers that you provided that matches the definition

Which term defines a tax that a country's government adds to the cost of imports?A) free-trade tax B) tariff C) quota D) export tax

Which term defines a tax that a country's government adds to the cost of imports?

A) free-trade tax B) tariff C) quota D) export tax