When choosing to limit trade, a country can impose a tax on imported goods. This is called

Question:

a. An estate tax.

b. A tariff.

c. A quota.

d. A capital gains tax.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

See More Books

Question Posted: Apr 24, 2018 03:39 AM

See More Questions

Assess the following four tax policies in terms of the benefits principle versus the ability-to- pay principle. a. A tax on gasoline that finances maintenance of state roads b. An 8% tax on imported...
Some of the largest import tariffs, the tax on imported goods, are on shoes. Strangely, the higher the tariff, the cheaper the shoes. The highest U.S. tariff, 67%, is on a pair of $3 canvas sneakers,...
Some of the largest import tariffs, the tax on imported goods, are on shoes. Strangely, the cheaper the shoes, the higher the tariff. The highest U.S. tariff, 67%, is on a pair of $3 canvas sneakers,...
Using the adjustment data listed in P3-2 for San Mateo Health Care, indicate the effects of each adjustment on the liquidity metric Quick Assets and profitability metric Net Income - Accrual Basis....
As a nation becomes more "financially sophisticated," how might this, by affecting the slope of the LM curve, make the economy more or less stable?
Suppose we are constructing a confidence interval using repeated tests of significance to develop an interval of plausible values. Using two-sided tests each time with the following null hypothesized...
Menu A restaurant offers a $12 dinner special that has 5 choices for an appetizer, 10 choices for entres, and 4 choices for dessert. How many different meals are available if you select an appetizer,...
(Single-step Income, Retained Earnings, Periodic Inventory) Presented below is the trial balance of Mary J. Blige Corporation at December 31, 2004. A physical count of inventory on December 31...
Vegas Coaches uses activity-based costing for its two models of stretch Hummer limousines: Big and Too Big. There are three activity cost pools related to production, with estimated costs and...
You may refer to the opening story of Tony and Suzie and their decision to start Great Adventures in AP 11. More of their story and the first set of transactions for the company in July are presented...
The motorsports industry is dominated by independent teams running in series operated as a. Monopolies. b. Oligopolies. c. Monopolistic competitors. d. Perfect competitors.
Match each compound with the appropriate IR spectrum: a. b. c. d. e. f. `NH2 100- 60- 20- 4000 3500 3000 2500 2000 1500 1000 Wavenumber (cm-1) % Transmittance
Units gained; cost of production summaries} departments: A and B. In both departments, all of the materials are put into production at the beginning of the process. The materials added in Department...
7. A psychiatrist is testing a new ADHD Medication, which seems to have the potentially harmful side effect of increasing the heart rate. For a sample of 50 clinical study participants whose pulse...
Determine the type of engagement that your colleague completed for the client. Justify the selected engagement type for the client. Assess the purpose of each financial statement for the client's...
Mills Corporation acquired as a long-term investment $235 million of 8% bonds, dated July 1, on July 1, 2024. Company management has classified the bonds as an available-for-sale investment. The...
A force of 28 pounds acts on the pipe wrench shown in the figure below. 18 in. 30 (a) Find the magnitude of the moment about O by evaluating ||OA x F||. (0 0 180) Use a graphing utility to graph the...
Module 1 1. There has been a rise in cases of measles in RI. The RI Health Department is wondering if the rate of MMR vaccinations has declined since the start of the COVID-19 pandemic. The...
Give the domain of the power function. Approximate f(3) to the nearest hundredth. x - 2 = x - 4
Borrowing costs should be recognised as an expense and charged to the profit and loss account of the period in which they are incurred : A. If the borrowing costs relate to qualifying asset B. If the...
The following information is for Rockville, Inc., for the year ended December 31, 2016. Of the total raw materials placed in production for the year, $72,000 was for indirect materials. Required: a....
The balance in the work-in-process inventory account of Quest, Inc., was $900,000 at the beginning of May. Manufacturing costs for the month are as follows: Required: a. Prepare separate journal...
Provide the account name commonly used by service companies for each of the following accounts used in a manufacturing environment. 1. Raw materials inventory 2. Work-in-process inventory 3. Finished...
You are the digital marketing director for High West fashions, a regional clothing company that specializes in custom t-shirts. Your company has decided to launch an online advertising campaign that...
In-the-money put options will automatically get exercised at the expiration. True OR False
Which of the following examples of business-use property is NOT eligible for Section 1231 treatment when sold at a gain? * Sale of land held for three years. Net gain from a casualty gain on a dump...

When choosing to limit trade, a country can impose a tax on imported goods. This is called

Question:

Step by Step Answer:

b A tariff Explanation ...View the full answer

Issues in Economics Today

Students also viewed these Business questions