Answered

IDNLearn.com offers a comprehensive solution for finding accurate answers quickly. Our Q&A platform offers reliable and thorough answers to help you make informed decisions quickly and easily.


Your favorite Swiss chocolate costs the equivalent of $10 in Switzerland. You ask your local chocolate shop to order the chocolate for you. The shop owner tells you it will cost $20. He tells you the shipping is free and that he is making no profit from this sale. What is the MOST likely reason that the cost is double what it is in
Switzerland?

Sagot :

Answer: D. There is a tariff that must be paid on imported Swiss chocolate.

Explanation:

Lanuelidn

The most likely reason for double the cost price in Switzerland is because there is a tariff that must be paid on imported Swiss chocolate.

What is a tariff?

A tariff can be defined as a type of tax that is levied by the government of a particular country on imported goods and services from a foreign country.

This ultimately implies that, a tariff is a fee that is placed by the government on imported goods, in order to give domestically produced goods an advantage over foreign goods in a market.

Read more on tariff here: https://brainly.com/question/25760610

#SPJ2

We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Find the answers you need at IDNLearn.com. Thanks for stopping by, and come back soon for more valuable insights.