When we talk about tariffs, we are referring to taxes imposed on goods imported into a country. These taxes are typically used to protect domestic industries from foreign competition by making imported goods more expensive. Let’s look at the options provided:
- A: South Korea bans imports of U.S. beef because of safety concerns.
- B: The U.S. requires toys imported from China to undergo testing for lead.
In option A, South Korea’s ban is not a tariff; rather, it’s a prohibition on specific imports due to health and safety regulations. This is more about ensuring food safety than it is about imposing a tax.
In option B, the requirement for lead testing on toys does not constitute a tariff either. It is a regulatory measure aimed at consumer safety and does not directly affect the price of the products through taxation.
Since neither of these options represent a typical tariff, we can conclude that the provided examples do not include a clear instance of a tariff. To accurately identify a tariff, we would need an example that specifically involves a tax levied on imported goods, increasing their market price and impacting trade dynamics.