423 Views
Select the items that describe a tariff.
tax on an imported good provides government revenue can cause other countries to impose tariffs reduces monopoly behavior
Answer
By definition, a tariff is a tax on exports or imports, or sometimes referred to as the international trade tariff.
The item that best describe a tariff is that it is the "tax on an imported good."
Tariffs are imposed to a certain country or place in order for the exporter or importer to pay the entry of their goods.
To see more answers head over to College Study Guides
Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017
This 25 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 423 views.