Political Science, asked by geethambhat549, 10 months ago

what are tarrifs elaborate​

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Answered by raviwanje155
7

Answer:

Tariffs are used to restrict imports by increasing the price of goods and services purchased from another country, making them less attractive to domestic consumers. There are two types of tariffs: A specific tariff is levied as a fixed fee based on the type of item, such as a $1,000 tariff on a car

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