A Tax on Imports of Foreign Goods Is Called A(n)

question 19

Multiple Choice

A tax on imports of foreign goods is called a(n) :

• A)import quota.
• B)aubsidy.
• C)tariff.
• D)export restriction.

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Definitions:

Straight-Line Depreciation

A technique of distributing the expense of a physical asset across its lifespan in uniform yearly payments.

Cash Inflow

The total amount of money being transferred into a business, typically from operations, financing, and investing activities.

Accounting Rate

Accounting rate, often referred to as the rate of return, measures the profitability of investments or projects expressed as a percentage.

Net Cash Flows

The total amount of cash being transferred into and out of a business, reflecting the company's overall financial health over a specific period.