A Tax Levied on the Goods Entering a Country Is

question 72

Multiple Choice

A tax levied on the goods entering a country is called a(n) :

• A) license
• B) quota
• C) boycott
• D) exchange control
• E) tariff

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Definitions:

Spur Innovation

To actively encourage or stimulate the development of new ideas, products, or ways of doing something within a team or organization.

Differentiation

The process through which organizations develop and maintain unique identities and procedures that set them apart from their competitors.

Unusually Low Price

Refers to a price point significantly below the standard or expected cost, which can raise concerns or suggest a special offer.

Knowledge Management

The process of creating, sharing, using, and managing the knowledge and information of an organization.