Select the items that describe a tariff.

tax on an imported good

provides government revenue

can cause other countries to impose tariffs

reduces monopoly behavior

Question

Business

Raelynn Callahan

28 January, 13:25

Select the items that describe a tariff.

tax on an imported good

provides government revenue

can cause other countries to impose tariffs

reduces monopoly behavior

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Answers (1)

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Harrison Sweeney · Answer 1

By definition, a tariff is a tax on exports or imports, or sometimes referred to as the international trade tariff. The item that best describe a tariff is that it is the "tax on an imported good." Tariffs are imposed to a certain country or place in order for the exporter or importer to pay the entry of their goods.

Select the items that describe a tariff.tax on an imported goodprovides government revenuecan cause other countries to impose tariffsreduces monopoly behavior

Select the items that describe a tariff.

tax on an imported good

provides government revenue

can cause other countries to impose tariffs

reduces monopoly behavior