Taxes that governments place on imported goods for reasons such as protecting sensitive industries, influencing humanitarian practices, and protecting against dumping are called ____________.

a. tariffs
b. penalties
c. restrictions
d. limits

a. tariffs

Taxes that governments place on imported goods for reasons such as protecting sensitive industries, influencing humanitarian practices, and protecting against dumping are called tariffs.

Economics

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A monopoly:

A. can increase price and increase output at the same time. B. can charge any price it wants and still sell all of its output. C. can sell any output it produces provided it accepts the market price. D. must lower price in order to increase output.

Economics

Which of the following types of investments is the most volatile?

A. equipment investment B. housing investment C. plant investment D. inventory investment

Economics