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Foreign cars become more expensive.

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15y ago
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14y ago

foreign cars become more expensive

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Q: What best describes the effect of a tariff on the import of cars from a foreign country?
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Ask us of the following best describes the effect of a tariff on the import of cars from a foreign country?

The price paid by consumers is increased.


What would be one effect of import substitution on the balance of trade of a country?

What would be one effect of import substition on the balance of trade of a country


What is the definition import mean?

To ship foreign products into a country


What is import trade?

import trade is when a country sells goods and services to other countries and they are paid in foreign currency


Why do you import so much of your food?

for most people it would be because in our country you cant get foreign things so you have to import them if you cant grow them


How do you import goods from foreign countries?

Goods are bought from suppliers from foreign countries. Then a customs tax is paid as the goods a brought (by air/land/sea) into the country


What is another word for goods sent out of the country to another country?

There are a couple words that can be used instead of foreign trade. The word international trade can be used as well as exporting can be used for foreign trade.


What is the meaning of importing?

of Import


What is the role of import agents?

Import agents find products in foreign markets and sell them in their home countries. In many countries, it is extremely difficult and sometimes illegal to try to sell products from another country without going through an import agent.


What is an import?

An import is any good or service brought in from one country to Another Country for sale. This can be through many means of transportation for instance through a port, airport or postage. The buyer of such goods and services is referred to as an 'importer' who is based in the country of import, whereas the overseas based buyer is referred to as an 'exporter.' The buying of such goods and services can be referred to as a 'leakage' to a country's economic income, as it is where a country is spending money into a foreign country's economy.


What foreign trade means?

Foriegn trade means the act of buying and selling of good,it not within the state,but out side the country, that is import and export


What is the policy that deals with a country's economic relations with foreign countries and comprises trade policy and exchange rate policy?

Tariff And Import Quota