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Which of the following statements is true about iron?
Tariff
A levy placed by a government on products and services brought in from abroad.
Government Revenue
The money received by the government from various sources, including taxes, fees, fines, and the sale of goods and services.
Higher-Priced Domestic
Domestic products or services that are sold at a higher price compared to their foreign equivalents or competitive products in the local market.
Tariffs
Taxes imposed by a government on imported goods to protect domestic industries or to generate revenue.
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