A tariff is O a tax on financial transactions O a tax on either imports or exports O the result of a treaty O a penalty imposed on importers of capital an agreement between countries to limit trade

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter3: Economic Decision Makers
Section: Chapter Questions
Problem 4.14P
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Question 1
A tariff is
O a tax on financial transactions
O a tax on either imports or exports
O the result of a treaty
O a penalty imposed on importers of capital
an agreement between countries to limit trade
Transcribed Image Text:Question 1 A tariff is O a tax on financial transactions O a tax on either imports or exports O the result of a treaty O a penalty imposed on importers of capital an agreement between countries to limit trade
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