asked 109k views
5 votes
HELP ASAP

what is a tariff???
A. A tax on goods being imported into a nation.
B. A tax on purchased goods in the store.
C. A tax on goods being exported out of a nation.

1 Answer

1 vote

A tariff is a tax levied on an imported good with the intent to limit the volume of foreign imports, protect domestic employment, reduce competition among domestic industries, and increase government revenue

answered
User Dan McCallum
by
7.9k points
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