Which of These Adds to the Cost of an Imported

question 89

Multiple Choice

Which of these adds to the cost of an imported product by levying an additional tax upon it?

• A) Tariffs
• B) Quotas
• C) Local content requirements
• D) Embargoes

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Definitions:

Increase Efficiency

The process of improving the capability of performing tasks or activities with the minimal amount of waste, effort, or inefficiency.

Prime Time

The period during a television broadcast schedule when the largest number of viewers are watching, typically in the evening.

Plan Activities

The process of organizing tasks, events, or actions that are intended to be carried out.

Clarify Goals

The act of making one's objectives or aims clear and precise, often to facilitate achievement or progress.