A tariff is best defined as a tax on a good imported into a nation. Tariffs are used by governments to regulate trade, raise revenue, and protect domestic industries from foreign competition by making imported goods more expensive.
tariff is
a government imposed limit on the amount of a good that can be exported from a nation.
a government imposed barrier that sets a fixed limit on the amount of a good that can be
imported into a nation.
a tax on a good imported into a nation.
an agreement between governments to limit exports from a nation.
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