If you wanted to set up a business importing amber jewelry from Latvia to the United States, you would have to plan on paying the U. S. Customs Service a government tax of roughly 11 percent of the value of the product as: a. an excise tax.
b. a quota.
c. a bribe.
d. a subsidy.
e. a tariff.

E) tarrif

Explanation:

From the question, we are informed about instance of one wanted to set up a business importing amber jewelry from Latvia to the United States, one would have to plan on paying the U.S. in this case Customs Service a government tax of roughly 11 percent of the value of the product as tarrif. Tarrif can be regarded as a kind of foreign trade and policy regulation by government ,where by tax is placed on import goods as well as export goods so that the domestic industries are safeguarded.

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