2 years ago

Match each action to their correct definitions.

Business

1 answer:

jolli1 [7]2 years ago

3 0

A Tariff basically means any type of tax imposed on an imported goods.

<h3 /><h3>What is a tariff?</h3>

It means any duty imposed on class of imports or exports which are used as source of revenue known as taxation for the government.

<h3>What is a Subsidy?</h3>

This refers to the money given by government to local companies to reduce their costs and to keep prices low

<h3>What is a Quota?</h3>

This refers to the trade restriction that limits the number or monetary value of goods that a country can import or export

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