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Fantom [35]
3 years ago
12

A tariff is a tax on exported goods. a. True b. False

Business
1 answer:
iren [92.7K]3 years ago
5 0
FALSE. A tariff is NOT a tax on EXPORTED GOODS. 

It is a tax on imported goods. Tariffs and quotas are imposed on imported goods not only to increase the revenue of the country but to also protect domestic companies in the same industry as the importers.


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