An example of an export tariff is:
A) China's limits on rare earth mineral exports.
B) Argentina's 35% tax on soybean exports.
C) the United States' 10% tax on Boeing aircraft exports.
D) Japan's 20% tax on rice exports.

Question

Quizplus · Accepted Answer

Argentina's 35% tax on soybean exports is an example of an export tariff. This tax makes it more expensive for foreign buyers to purchase Argentine soybeans, thus giving domestic buyers a price advantage. The purpose of this tariff is to protect the domestic market and increase revenue for the government.

An Example of an Export Tariff Is