. Tax on imports is an example of


A: Indirect tax

B: Trade barrier

C: Sales tax

D: Direct tax

 

Best Answer

Explanation:

Indirect tax is the tax imposed on the consumption of goods and services.

Trade barriers are government-induced restrictions on international trade.

Sales tax is a form of tax paid to a governing body for the sale of goods and services.

A direct tax is a tax that a person or organization pays directly to the entity that imposed it. 

Thus, a tax on imports is an example of a trade barrier.

Final Answer: Option (B) trade barrier is correct.

 

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