Practice mode Basic of Economics

What is the tax a government levies on imports and exports called?

Correct answer A. Tariff

Explanation

A tariff is a duty levied on goods crossing a country's border, used to raise revenue and to protect domestic producers.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.