A Tariff Is a Tax

question 268

Multiple Choice

A tariff is a tax

• A) on an exported good.
• B) on an imported good.
• C) imposed on all traded goods.
• D) imposed on people's income.
• E) imposed on the difference between the value of the goods a firm imports and the value of the goods it exports.

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Definitions:

Parental Supervision

The act of overseeing or managing children's activities and behavior by a parent or guardian.

Racial-Ethnic Group

People with distinctive racial and cultural characteristics.

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A form of play in which children imagine scenarios and act them out, playing different roles and using objects as symbols.

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The act of copying or mimicking the actions, gestures, speech, or mannerisms of another person.