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Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371 Exercise 38
In 2002, then-President George Bush placed a tax on imported steel, which was lifted in 2003. A tax on imported goods is called a(n) ________.
A) Deadweight loss
B) Tariff
C) Quota
D) Export
A) Deadweight loss
B) Tariff
C) Quota
D) Export
Explanation
Verified
Verified
Tariff refers to a tax imposed on the im...
Economic Analysis of Social Issues 1st Edition by Alan Grant
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