When a Government Puts a Tax on an Imported Good

question 49

Multiple Choice

When a government puts a tax on an imported good that effectively stops all imports of that good,it is a(n)

• A) prohibitive tariff.
• B) export subsidy.
• C) quota.
• D) special drawing right.
• E) negative import tax.

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Definitions:

Construction

The process of building, erecting, or assembling structures, typically involving large-scale projects like buildings, roads, or bridges.

Reconstruction

The process of reassembling or reinterpreting something, often used in the context of remembering events differently from how they actually occurred.

Equipotentiality

The idea that any part of a particular functional area of the brain can perform its associated function, emphasizing brain plasticity.

Amnesia

A condition characterized by the loss of memories, such as facts, information, and experiences, which can be temporary or permanent.