What term is used to describe the tax imposed on molasses, sugar, and rum from non-British sources?(1 point)

Question

Responses

Levy
Levy

Fee
Fee

Duty
Duty

Charge

Answer 1

The term used to describe the tax imposed on molasses, sugar, and rum from non-British sources is "Duty."

Answer 2

Then what fee?
What the meaning of duty?

Answer 3

Fee:

A fee is a payment made in exchange for a service or as a charge for a specific privilege. Fees are typically set amounts for services rendered and can encompass a variety of charges, such as entrance fees, registration fees, or service fees.

Duty:

In the context of taxation, a duty is a specific type of tax imposed by a government on certain goods and commodities, particularly those being imported or exported. Duties are often levied to raise revenue for the government, to protect domestic industries, or to regulate trade. For example, customs duties are taxes on imported goods, while excise duties are taxes on specific goods produced domestically. In the case you mentioned, the duty imposed on molasses, sugar, and rum from non-British sources was part of the British government’s efforts to regulate trade and generate revenue from its colonies.