Question

Inicell Inc., an American camera manufacturing company, wanted to import a few camera parts from Ruelia, an Asian company. However, the American government passed a taxation law that stated that a tax of 4% would be levied on all electronic imports.
In this scenario, the American government imposed:

A. voluntary export restraint
B. tariff
C. quota
D. embargo

Answer 1

Answer:

B. tariff

Explanation:

A tariff is a form of tax imposed on imported goods by a country .

Quotas place a limit on the quantity of goods that can be imported.

Embargo prohibits the sale of certain goods.

Voluntary export restraint is when an exporting country limits the amount of goods it exports.

I hope my answer helps you