asked 180k views
0 votes
Dash of Style, a leather products company in the U.S, imported leather goods worth $ 10,000 from China. When the consignment reached the U.S, the company had to pay a(n) _____ on the imports.

2 Answers

4 votes

Answer:

import tariffs

Step-by-step explanation:

An import tariff is basically a tax on imported goods. Currently members of the European Union are also trying to charge tariffs on imported services like those provided by Google, etc.

Import tariffs can be set to either simply collect taxes an increase government revenue, or to impose trade barriers to competing foreign products in order to favor domestic production.

answered
User Steven Ryssaert
by
8.0k points
5 votes

Answer:

.... the company had to pay a tax on the imports.

Step-by-step explanation:

answered
User Jimoleary
by
7.6k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.