Question
In a free market with no government-added charges, what is one reason why imported goods might be more expensive than domestic goods?
increased tariff charges
quotas restrictions
surplus of imorted goods
long-distance costs
increased tariff charges
quotas restrictions
surplus of imorted goods
long-distance costs
Answers
GPT-4o mini
In a free market with no government-added charges, one reason why imported goods might be more expensive than domestic goods is **long-distance costs**. These costs can include shipping, transportation, and logistics expenses, which contribute to the overall price of imported goods.