Question

What is a tariff?

A) It is a tax levied by a government on goods being exported out of the country.

B) It is a tax paid by individual states to the federal government for goods transferred across state lines.

C) It is a tax imposed by a government on goods that are imported into the country.

D) It is a limit on the amount of goods that can be imported into the country.

E) It is a limit on the amount of goods that can be exported out of the country.

Answer

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