A Tax Applied to a Product or Service Imported into a Country

question 167

Multiple Choice

A tax applied to a product or service imported into a country is a(n)

• A) import quota.
• B) subsidy to domestic producers.
• C) subsidy to R.O.W. producers.
• D) tariff.
• E) GATT.

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Definitions:

Albinism

A group of genetic disorders characterized by a lack or decrease in the pigment melanin in the skin, hair, and eyes.

Recessive Trait

A genetic characteristic that is expressed in offspring only when inherited from both parents, hidden when a dominant trait is present.

Carriers

Individuals or entities that transport or convey substances, such as proteins that transport ions across cell membranes or genetic carriers of disease traits.

Measurable Outcome

A quantifiable or observable result or effect that is used to gauge the success of a project or activity.