often duties and taxes are imposed on cars that are imported from other countries. what types of incentives…
often duties and taxes are imposed on cars that are imported from other countries. what types of incentives are these duties and taxes?\no positive incentive and subsidy.\no negative incentive and subsidy.\no positive incentive and tariff.\no negative incentive and tariff.
Answer
Brief Explanations:
Duties and taxes on imported cars discourage imports. A negative incentive is something that discourages an action. Tariffs are taxes on imports. Subsidies are payments to encourage production or consumption, which is not the case here. Positive incentives encourage actions.
Answer:
D. negative incentive and tariff.