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      Question

      If you wanted to set up a business importing amber from

      Denmark to Canada, you would have to plan on paying Canada Customs roughly 20 percent of the value of the product as a:
      A bribe. Correct Answer Incorrect Answer
      B tariff. Correct Answer Incorrect Answer
      C subsidy fee. Correct Answer Incorrect Answer
      D revenue. Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Tariffs, which are a government tax on goods or services entering a country, primarily serve to raise prices on imports.

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