Multiple Choice
Which of the following is an example of a tariff?
A) A limit on the total number of Hondas that can be imported from Japan.
B) A regulation specifying that each imported Honda must meet certain emission exhaust guidelines
C) A tax of $500 on each Honda imported from Japan
D) A tax of 10% of the value of each Honda purchased in Japan
Correct Answer:
Verified
Correct Answer:
Verified
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