A tariff is a tax imposed on imported goods, which raises the cost of those products in the domestic market, making them less competitive compared to local goods. This can lead to a decrease in imports while potentially boosting domestic production. For exported goods, tariffs can make them more expensive for foreign buyers, potentially reducing demand for those exports. Overall, tariffs can shift trade dynamics by altering prices and influencing consumer and producer behavior.
A tariff is a tax or fee on imported and exported goods
imported or exported goods
Tariff best describes a tax paid on imported goods.
why do you think England taxed goods imported from or exported to other countries
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A tariff is a tax or fee on imported and exported goods
imported or exported goods
A tax that is that is levied against imported or exported goods by a government is called a tariff or duty. Different countries tax at different rates.
It increased the demand for American goods because the tariff made the imported goods more expensive.
A tariff is a tax levied by the government on the importation of goods.
Tariff best describes a tax paid on imported goods.
DIFFERENT THINGS GET IMPORTED AND EXPORTED FROM LATVIA BUT....THE ANSWER REMAINS UNSEEN
why do you think England taxed goods imported from or exported to other countries
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leave
A tariff
tax on imported goods