Solved

To Encourage Using Locally-Produced Oil from the Gulf of Mexico

Question 65

Multiple Choice

To encourage using locally-produced oil from the Gulf of Mexico, the United States government applies tax to Canadian-produced oil as it crosses the border. This tax is referred to a:


A) quota.
B) GATT tax.
C) foreign excise tax.
D) tariff.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q60: According to economists, protectionism does each of

Q61: It is important to recognize the meaning

Q62: Give one argument for and one argument

Q63: Large private companies such as AT Kerney,

Q64: Coca-Cola has adopted a short-message communication tool,

Q66: All of the following would be reasons

Q67: By 2040, it is estimated that all

Q69: Serologicals is a company that extracts antibodies

Q70: When Coca-Cola decided to build a bottling

Q259: What is the trade feedback effect?