A(n) ______ is a tax issued by the federal government on imported goods.

• A. quota
• B. tariff
• C. subsidy
• D. embargo

Answer: (B)

Verified step by step guidance

1. Understand the definition of each option: A quota is a limit on the quantity of goods that can be imported, a subsidy is financial support given to domestic producers, and an embargo is a complete ban on trade with a particular country.
2. Recall that a tax imposed by the government on imported goods is designed to increase the cost of those goods to protect domestic industries or generate revenue.
3. Identify that the term for a tax on imported goods is a 'tariff', which directly increases the price of imports.
4. Recognize that the other options (quota, subsidy, embargo) do not involve a tax but rather quantity restrictions, financial aid, or trade bans.
5. Conclude that the correct term to fill in the blank is 'tariff' because it specifically refers to a tax on imports.