Question
What is an example of a tariff?
a fee a business adds to imported goods in their shop to earn more money
a tax a government adds to imported goods to make them more expensive
a limit a local business put on certain goods to save space on their shelves
a limit set by the government on how much of a good can be imported
a fee a business adds to imported goods in their shop to earn more money
a tax a government adds to imported goods to make them more expensive
a limit a local business put on certain goods to save space on their shelves
a limit set by the government on how much of a good can be imported
Answers
Answered by
GPT-4o mini
An example of a tariff is **a tax a government adds to imported goods to make them more expensive**. Tariffs are typically imposed to protect domestic industries from foreign competition by raising the cost of imported products.