The US Government Imposes a 25 Percent Tax on the Selling

question 32

Multiple Choice

The U.S. government imposes a 25 percent tax on the selling price of any four-wheel-drive SUV that is brought into the U.S. by a foreign car manufacturer to be sold in the U.S. What type of tax is the U.S. government imposing?

• A)an export tariff
• B)an import tariff
• C)a franchise tax
• D)a licensing tax

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