Ask Question
27 November, 18:06

Canada is considering imposing a tax on imports of Chinese solar panels. This action would be best described as a subsidy. voluntary export restraint. quota. tariff. In general, which of the statements is most likely to occur as a result of the proposed tax on imported solar panels

+4
Answers (1)
  1. 27 November, 20:05
    0
    D) Tariff

    Revised Question:

    Canada is considering imposing a tax on imports of Chinese solar panels. This action would be best described as,

    A) Subsidy

    B) Voluntary export restraint

    C) Quota

    D) Tariff

    Explanation:

    Tariff is a type of tax imposed on imports from a particular country to restrict the import of a particular product. It is used as a tool to safeguard the domestic industry as prices of a product rises when imposed tariff.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Canada is considering imposing a tax on imports of Chinese solar panels. This action would be best described as a subsidy. voluntary export ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers