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2556

A tariff refers to

  • A. fees imposed on contraband goods
  • B. fees paid on exports
  • C. taxes imposed on imported goods
  • D. taxes paid on home-made goods
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2557

The selling of goods in small units is normally performed by

  • A. chambers of commerce
  • B. wholesalers
  • C. distributors
  • D. retailers
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2558

Direct sales to consumers by manufacturers is a means of eliminating

  • A. wholesalers only
  • B. retailers only
  • C. middlemen
  • D. agents
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2559

A physical restriction placed on the quantity of goods that can be imported is

  • A. a ban
  • B. a quota
  • C. an excise duty
  • D. an import tax
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2560

A country is said to achieve a trade surplus when total

  • A. visible exports exceed total visible imports
  • B. invisible exports exceed total invinsible imports
  • C. visible exports exceed total invisible imports
  • D. visible imports exceed total visible exports
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