Examlex
Why do economists use graphs?
Specific Tariff
A fixed fee imposed by a government on a particular kind of imported or exported goods, based on quantity, rather than value.
Government Revenue
The income earned by the government from taxes, fees, and other sources to finance its operations.
World Price
The global market price of a commodity, determined by supply and demand factors on an international scale.
Foreign Exporters
Companies or entities that sell goods and services produced in one country to other countries.
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