Examlex
High taxes are one example of why cigarettes have become less appealing to smugglers the world over.
Hypothetical Nations
Imaginary or theoretical countries used for analysis or discussion in economic studies and models.
Tariffs
Taxes imposed on imported goods and services, primarily used to protect domestic industries and to generate revenue.
Revenue Tariffs
Taxes imposed by governments on imported goods with the primary purpose of generating revenue rather than protecting domestic industries.
Protective Tariffs
Import taxes imposed by countries to protect domestic industries from foreign competition by making imported goods more expensive.
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