A Tariff Can Be Defined Simply as a

question 77

Multiple Choice

A tariff can be defined simply as a

• A) tax on imports.
• B) tax on exports.
• C) legal limit on imports.
• D) legal limit on exports.

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Definitions:

Reasonable Opportunity

A legal concept giving individuals or parties sufficient time and access to information necessary to make informed decisions or respond to legal processes.

Repudiated the Contract

The act of refusing to perform the duties or obligations set forth in a contract.

Withdrawn

Refers to the act of taking back or removing an offer, statement, or accusation before it has been accepted or acted upon.

Changes Mind

Changing mind refers to the act of altering one's decision or opinion about a previously made choice or stance.