Which of the Following Is the Best Example of a Tariff

question 31

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 sports utility vehicle manufacturers so they can compete more effectively with foreign sports utility vehicle 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:

Chief Executive

The highest-ranking officer in an organization, responsible for making overarching decisions and setting strategic directions.

CEO Succession

The process of transitioning leadership from a current Chief Executive Officer to a successor, often involving strategic planning and consideration.

External Monitoring

The process of observing and analyzing actions, transactions, or conditions outside of an organization to assess risk, compliance, or market opportunities.

Competing Products

Products that are in direct competition with each other in the market, targeting the same customer segment and satisfying the same needs.