Which of the Following Is the Best Example of a Tariff

question 110

Multiple Choice

Which of the following is the best example of a tariff?

• A)a subsidy from the U.S. government to domestic manufacturers of residential air conditioners to enable them to compete more effectively with foreign producers
• B)a limit on the quantity of residential air conditioners that can be imported from a foreign country
• C)a $150 fee imposed on all imported residential air conditioners
• D)a tax placed on all residential air conditioners sold in the domestic market to help offset the impact of emissions on the environment

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Definitions:

Marketable Title

A title to real property that is free from significant encumbrances or defects, and thus can be sold or transferred easily to another party.

Liens

Legal claims or rights against property that secure the payment of a debt or the discharge of an obligation to the property’s owner.

Conditional Estate

A type of property ownership that is subject to certain conditions or events, which, if not met or occur, can alter or terminate the estate.

Modern Wing

In architecture, it typically refers to a contemporary extension or section added to an existing building or structure, often characterized by modern design elements.