Question

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.

Answer 1

Answer:

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

Explanation:

Answer 2

Answer:

import tariffs

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.