A tax imposed on certain types of imported goods is:
Correct answer: A. a tariff
- A. a tariff
- B. a surcharge
- C. a subsidy
- D. a severance taxCompare Local Schools
Explanation
A tariff is a tax charged on imported goods, usually to raise revenue or protect domestic producers. A subsidy gives financial support to producers, while a surcharge is a general additional charge rather than the specific term for an import tax.
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Practise International Political Economy
97 free International Political Economy MCQs from International Relations, each with the correct answer and an explanation. Unlimited attempts, no account needed.
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