Question

Based on the information provided, what type of tax has Country Q implemented? an income tax a tariff a corporate tax an excise tax

Answer 1

The type of tax that was implemented by Country Q is: B. a tariff.

What is taxation?

Taxation can be defined as the involuntary (compulsory) fees that are levied on individuals or business firms by the government of a particular country, in order to generate revenues which are used for funding public institutions and activities.

What is a tariff?

A tariff can be defined as a type of tax that is levied by the government of a country on goods and services that are imported from another country.

This ultimately implies that, tariffs are a type of tax that are placed on imported goods and as such they are used to give domestically produced goods an advantage in the market.

In this scenario, the type of tax that Country Q implemented is a tariff.

Read more on tax here: brainly.com/question/25783927

Answer 2

Answer:

B- A tariff

Explanation:

Correct on edge