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When the exchange rate between the U.S.dollar and the euro changes from 1.07 euros per dollar to 0.93 euros per dollar, then the
Tax
A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures.
Imports
Goods and services brought into a country from abroad for sale.
Tariff
A tax imposed on imported goods, typically aimed at protecting domestic industries or raising government revenue.
Voluntary Export Restraint
An agreement between exporting and importing countries where the exporter agrees to limit the quantity of goods exported to the importing country.
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