An Excise Tariff Is

question 15

Multiple Choice

An excise tariff is:

• A) a fixed fee that an importing firm must pay the domestic government in order to have the legal right to sell the product in the domestic market.
• B) the fee an importing firm must pay to the domestic government on each unit it brings into the domestic market.
• C) a restriction limiting the quantity of imported goods that can legally enter a domestic market.
• D) None of the statements are correct.

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