asked 186k views
5 votes
What do you call the taxes imposed on imported products?

asked
User Hillary
by
8.6k points

1 Answer

2 votes

Answer:

A tariff is a tax imposed on imported goods and services. Tariffs are used to restrict trade, as they increase the price of imported goods and services, making them more expensive to consumers.

answered
User PRTJ
by
8.7k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.