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Laura's Lights Began Shipping Products to Its New Partner in a Foreign

Question 147

Multiple Choice

Laura's Lights began shipping products to its new partner in a foreign nation only to find out that before the products would be let into the country a tax of $1.00 per unit had to be paid. This tax is known as a(n)


A) subsidy.
B) local content law.
C) quota.
D) embargo.
E) tariff.

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