Question
Tyra spent a two-week vacation in Italy and purchased more than $1,000 worth of Venetian glass. Upon returning to Canada, she was required to pay
Tyra spent a two-week vacation in Italy and purchased more than $1,000 worth of Venetian glass. Upon returning to Canada, she was required to pay a ______ on the items.
A) customs tax
B) protective tariff
C) revenue tariff
D) exchange rate tax
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Answer C Revenue tariff A tariff imposed principally as a source of government revenue This is contr...
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
