Country A charges a 35% tax on automobiles imported into the country. This is an example of
A.
a tariff.
B.
a quota.
C.
an embargo.
D.
a specialization.
A. a tariff.
A. a tariff.
The correct answer is A. a tariff. A tariff is a tax or duty imposed on goods that are imported or exported between countries. In this case, Country A charges a 35% tax on automobiles imported into the country. To determine the answer, it is important to understand the definitions of each option:
- A tariff is a tax on imported or exported goods.
- A quota is a limit on the quantity of goods that can be imported or exported.
- An embargo is a complete ban on trade with a particular country.
- Specialization refers to the concentration of resources and expertise on producing a limited range of goods or services.
In the given scenario, there is no mention of a limit or ban on the quantity of imported automobiles, nor is it related to specialization. Therefore, the correct answer is A. a tariff.