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3 years ago

Which of these increases the price of certain foreign-made goods?

Business

2 answers:

nexus9112 [7]3 years ago

7 0

An import tariff would increase the price of certain foreign-made goods.

Juli2301 [7.4K]3 years ago

5 0

Answer:

An import tariff

Explanation:

Literally, import tariffs (or customs duties) are taxed paid on imports of goods and/or services. Import tariffs is a kind of tax pressed on import of goods and services from foreign nation in order to shoot up the price of the imported goods. The import tariffs are imposed by the government for some of the reasons listed below:

To make imports less desirable and to minimize the reliance on foreign products
To shield newly domestic set ups from foreign competition and also to shield the aging and inefficient ones from foreign competition.

The bold "shoot up the price of the imported goods" means to increase the price of imported goods describes one of the reasons of an import tariff.

Hence, we can conclude that an import tariff increased the price of certain foreign-made goods.

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4 years ago

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3 years ago

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2 years ago

The continual process by which managers actively encourage, stimulate, and support employee commitment to the company, the compa

vekshin1

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3 years ago

Moe is an average worker stuck on a team of complacent workers. Nick is an innovator who produces triple the amount of the avera

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Answer:

Wyatt

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In a high outcome interpendence scenario Nick will be forced to improve on the performance of Wyatt in order to meet team objectives.

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4 years ago