Examlex
Myers noted that changing the consumption levels among rich nations requires
World Price
The international market price of a good or service, determined through the global supply and demand.
Tariff Revenue
Income generated by the government from taxes imposed on imported goods, used as a tool for economic policy.
World Price
The global market cost of a good or service, shaped by worldwide demand and supply factors.
Tariff
A tariff is a tax imposed on imported goods and services, intended to make foreign products more expensive and protect domestic industries.
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