Which of the Following Is the Best Example of a Tariff

question 76

Multiple Choice

Which of the following is the best example of a tariff?

• A)a limit imposed on the number of sports utility vehicles that the United States can import from Japan
• B)a subsidy granted by the U.S.government to domestic garment manufacturers so they can compete more effectively with foreign garment manufacturers
• C)a tax placed on all sports utility vehicles sold in the domestic market
• D)a $5,000 per-car fee imposed on all sports utility vehicles imported into the United States

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Definitions:

Zoning Laws

Local laws that control where and how businesses may operate.

Waste Disposal

The process of managing waste materials by disposing of them safely and efficiently to minimize environmental impact.

Unemployment Compensation

Government-provided financial assistance to individuals who have lost their jobs through no fault of their own, during the period they seek new employment.

Laid Off

The temporary or permanent termination of employment, typically due to economic conditions or company restructuring.