Which of these is the BEST example of a tariff? A) Japan did not allow rice to be imported until 1994. B) North Korea will not export any goods into the United States. Eliminate C) China adds 25% to the cost of all cars imported into the country. D) The United States allows no more than 550 tons of steel from South Korea.

Question

Brianna Sellers

Social Studies

5 June, 00:16

Which of these is the BEST example of a tariff? A) Japan did not allow rice to be imported until 1994. B) North Korea will not export any goods into the United States. Eliminate C) China adds 25% to the cost of all cars imported into the country. D) The United States allows no more than 550 tons of steel from South Korea.

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Answers (1)

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Aryana Yates · Answer 1

Option C : China adds 25% to the cost of all cars imported into the country.

Explanation:

Let us first define what Tariff means. Tariff means implementing a tax duty on a certain product so as to regulate its import or export.

From above information it is evident that option A and B are incorrect as its was a ban on import and duty addition. Similarly, option D is also not tariff but it falls into the category of quota as there is a limit on the import quantity. Hence, option C is correct as china added 25% as a duty on imports.