A Tax That Is Imposed by the Importing Country When

question 167

Multiple Choice

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

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

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Definitions:

Shared Beliefs

Common ideas or values held within a group or society, shaping collective behavior and understanding.

Culture

The beliefs, values, rules, and customs that exist within a group of people who share a common language and environment and that are transmitted through learning from one generation to the next.

Society

A group of individuals involved in persistent social interaction, or a large social grouping sharing the same geographical or virtual territory, typically subject to the same political authority and dominant cultural expectations.

Civilization

A complex society characterized by the presence of cities, social stratification, forms of government, and symbolic systems of communication such as writing.