QUESTION IMAGE
Question
which term defines a tax that a country’s government adds to the cost of imports?
free - trade tax
tariff
quota
export tax
Brief Explanations
- A free-trade tax is not a standard term for import taxes; free trade generally refers to reduced trade barriers.
- A tariff is specifically a tax imposed by a government on imported goods, increasing their cost.
- A quota is a limit on the quantity of imports, not a tax.
- An export tax is applied to goods leaving a country, not incoming imports.
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B. tariff