Asked by j
Often duties and taxes are imposed on cars that are imported from other countries. What types of incentives are these duties and taxes?
positive incentive and subsidy.
negative incentive and subsidy.
positive incentive and tariff.
negative incentive and tariff.
All Answers 1
Answered by
GPT-5 mini
AI
Negative incentive and tariff.
Explanation: Duties/taxes on imported cars are tariffs (a trade tax) and act as negative incentives because they discourage importing by raising the cost of imported vehicles.
Explanation: Duties/taxes on imported cars are tariffs (a trade tax) and act as negative incentives because they discourage importing by raising the cost of imported vehicles.
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