Which type of tariff is not used by the American government?
A) Import tariff
B) Export tariff
C) Specific tariff
D) Ad valorem tariff

Question

Quizplus · Accepted Answer

The American government does not typically use export tariffs. This is because export tariffs can harm domestic producers who rely on foreign markets by making their goods more expensive, and can also lead to retaliation by other countries introducing their own tariffs on American goods. Therefore, the government typically uses other types of tariffs, such as import tariffs, specific tariffs, and ad valorem tariffs, to regulate international trade.

Which Type of Tariff Is Not Used by the American