A tariff is a tax imposed on
...A tariff is a tax imposed on
Consumer goods
Domestic goods
Imported goods
Exported goods
Correct answer is C
A tariff is a tax that a country imposes on its imports, sometimes to protect domestic industries from foreign competition. Therefore, the correct answer is 'Imported goods'.
The term balance of trade, can be defined as the ...
Improved labour efficiency can be measured by ...
In order to develop the banking habit of rural dwellers, the traditional money lenders should be ...
The term production in Economics means ...
When the marginal product is negative, the total product will be ...
Which sector can you say is growing fastest in the Nigeria economy? ...
In the circular flow of income, an increase in savings causes ...
In a socialist economy, factors of production are owned and controlled by the ...