An example of a tariff is a:

A) limit on the total number of Honda automobiles imported from Japan.
B) regulation specifying that each imported Honda automobile must meet certain emission exhaust guidelines.
C) tax of $500 on each Honda automobile produced in the United States.
D) tax of 10 percent of the value of each Honda automobile imported from Japan.

Ans: D) tax of 10 percent of the value of each Honda automobile imported from Japan.

Economics

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