The Two Basic Types of Tariffs Are

question 221

Multiple Choice

The two basic types of tariffs are

• A) goods and services.
• B) general and limited.
• C) comparative and absolute.
• D) revenue and protective.

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Definitions:

Technology Investment

The allocation of funds into technological assets or ventures to drive innovation and gain competitive advantages.

Small Business

Has fewer than 20 employees, is independently owned and operated, and is normally one of many competitors in its industry.

Virgin Airlines

An airline company founded by Sir Richard Branson, part of the Virgin Group, known for its innovative services and emphasis on customer experience.

Richard Branson

Founder of the Virgin Group, known for his entrepreneurial ventures and achievements across various industries.