what is tariff? why it was imposed?
deepika405:
no yrr, I m not Punjabi...
okkk
No yrr this is a song in my status
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A tariff is a tax imposed on the import or export of goods. In general parlance, however, it refers to "import duties" charged at the time goods are imported. Tariffs have three primary functions: to serve as a source of revenue, to protect domestic industries, and to remedy trade distortions (punitive function).
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