A Tariff Is

question 239

Multiple Choice

A tariff is:

• A) a duty that a company must pay its own government on exports.
• B) the price charged by one country to buyers of a good in another country.
• C) a price reduction designed to encourage international trade.
• D) a tax on an import.

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Definitions:

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Statements or propositions from which another statement is conclusively deduced or inferred.

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