Choose the pair of phrases that correctly completes this senten…
Question 10b of 10 - Differences between taxes and tariffs
- Maximum Attempts: 1
- Question Type: Multiple Choice
- Maximum Score: 2
- Question: Choose the pair of phrases that correctly completes this sentence: taxes are charged __while tariffs are charged __.
- on income; on sales
- to citizens; to immigrants
- internally; on imports
- for regulation; for protection
The correct answer is: internally; on imports. Taxes are paid on domestic economic activity while tariffs are paid on international trade.
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