A Tax That Is Imposed by the Importing Country When

question 76

Multiple Choice

A tax that is imposed by the importing country when an imported good crosses its international boundary is called

• A) dumping.
• B) a tariff.
• C) a voluntary export restraint.
• D) an import quota.

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Definitions:

Formalization

Formalization refers to the process of defining and instituting formal rules, procedures, and structures within an organization to standardize operations.

Coordination

The act of organizing or aligning activities, tasks, or individuals to operate efficiently towards a common goal.

Advocate

A person who publicly supports or recommends a particular cause or policy, or acts in the defense or support of others.

Solutions

answers or means for effectively dealing with a problem or challenge.