Customs Duties ________ the Total Amount of a Good's Production

question 54

Short Answer

Customs duties ________ the total amount of a good's production cost and increase the time needed to get it to market.

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Definitions:

File

A tool used to remove fine amounts of material from a workpiece, typically made of hardened steel with a series of ridges or teeth.

Impact Socket

A type of socket made from more durable materials designed to withstand the high torque produced by impact wrenches.

Deep Well

A type of well that is constructed at a considerable depth to access groundwater in aquifers.

Air Gun

A tool that uses compressed air to project a forceful stream or projectile, often used for cleaning or in pneumatic tools.