Which of the following statements about tariffs is TRUE?
A) Tariffs can be collected by the exporting country.
B) Tariffs can be collected by the importing country.
C) Tariffs are taxes collected on goods shipped across national borders.
D) Import tariffs are the most common kind of tariff used.
E) All of these choices

Question

Quizplus · Accepted Answer

All of the statements are true. Tariffs can be collected by both exporting and importing countries and are taxes on goods shipped across national borders. Import tariffs are common, but other types of tariffs, such as export tariffs, also exist.

Which of the Following Statements About Tariffs Is TRUE