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Understanding tariffs 😵‍💫✈️🚢

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Do you know what a tariff is and how does it work? Watch the following video and answer the questions displayed on the screen.

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Ramón Ángeles

México

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Understanding tariffs 😵‍💫✈️🚢


Understanding tariffs 😵‍💫✈️🚢Versión en línea Do you know what a tariff is and how does it work? Watch the following video and answer the questions displayed on the screen. por Ramón Ángeles 1 Tariffs generated a 'positive' reaction in other countries. a True b False 2 What is a customs duty? a The total amount of money collected from products tariffs. b The total amount of money collected from imported products. c The total amount of money collected from exported products. 3 Tariffs are different for each product imported and exported to the USA. a True b False 4 Customs duties cover some government expenses a True b False 5 Customs duties implemented by Donald Trump have had a positive response from other countries. a True b False 6 Customs duties affect directly the consumer of the product. a True b False 7 Customs duties tend to create barriers to entry for foreign businesses and lead to higher prices for consumers. a True b False Explanation 1 Retaliation means "counterattack".