Question

In the ABSENCE of the Offshore Assembly Provision of U.S. tariff policy, the price of an imported vehicle to the U.S. consumer after the tariff has been levied is:

a) $20,000
b) $22,000
c) $24,000
d) $26,000

Answer 1

The price of an imported vehicle to the U.S. consumer after the tariff has been levied is c) $24,000.

Step-by-step explanation:

The price of an imported vehicle to the U.S. consumer after the tariff has been levied can be found by subtracting the tariff amount from the original price of the vehicle.

Since the question states that the Offshore Assembly Provision is absent, we can assume that no other exceptions or adjustments apply. Therefore, the price of an imported vehicle to the U.S. consumer after the tariff has been levied will be the original price of the vehicle plus the amount of the tariff.

Based on the options provided, the correct answer would be c) $24,000. This is because the options given in the question do not include the amount of the tariff, so we can assume that the options are the final prices with the tariff included.