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A fee paid by merchants who imported goods?
tariff
Ask us of the following best describes the effect of a tariff on the import of cars from a foreign country?
The price paid by consumers is increased.
What does imposing tariffs mean?
A tariff is a tax paid on goods brought into a colony or country; tariffs protect internal production by raising the price of imported goods.
How customs offers drawbacks to importers?
Any form of tax or tariff that is rebated to the payor. This type of rebate is awarded to importers and exporters who paid tax on goods imported into their home country, and then exported those goods after they arrived. Drawbacks allow importers to temporarily store or use their goods in the U.S. without paying a non-refundable tax.
What is a tax based on the price of goods and paid at the time of purchase?
A tax based on the price of goods and paid at the time of purchase is a sales tax.
A fee paid by merchants who imported goods?
tariff
Was the townshend law requiring tax to be paid on imported goods?
yes
A or duty is money colonists paid for goods purchased from other countries?
A tariff is a tax on imported goods that colonists paid for purchases from other countries.
Ask us of the following best describes the effect of a tariff on the import of cars from a foreign country?
The price paid by consumers is increased.
How much can be imported for free before Canada customs duty has to be paid?
canada spends about 342 billion a year on imports.
What does imposing tariffs mean?
A tariff is a tax paid on goods brought into a colony or country; tariffs protect internal production by raising the price of imported goods.
When must tariff be paid?
Tariffs must be paid when goods are imported into a country. The payment is typically required at the time of customs clearance, before the goods can be released for distribution. The amount of the tariff is determined based on the value of the goods and the applicable tariff rate set by the government. Failure to pay the tariff can result in penalties, delays, or confiscation of the goods.
How is the government paid for?
Governments are paid for with funds received from income taxes paid by individuals and businesses, by sales taxes imposed upon purchases, by tariffs imposed on goods imported into the country and in the case of conquered lands, by tribute payments.
What is money colonists paid for goods purchased from other countries?
The colonists were forced to pay tariffs on many of their goods which were imported from other countries. This drove up the price of the items and hurt the colonies financially.
What was Ancient China's main import?
China was such a huge power and grew so much food they didnt need to import much. they had the monopoly on silk and traded spices that were imported from the spice islands. they were powerful on land and sea and were feared. what they imported they traded there goods for. they paid silver (their currency at the time) for nothing. and they imported many valable things like, silver, spices, and crops
How can axiom be used in a sentence?
it is an economic axiom as old as the hills that goods and services can be paid for only with goods and services.
How customs offers drawbacks to importers?
Any form of tax or tariff that is rebated to the payor. This type of rebate is awarded to importers and exporters who paid tax on goods imported into their home country, and then exported those goods after they arrived. Drawbacks allow importers to temporarily store or use their goods in the U.S. without paying a non-refundable tax.
