Final answer:
A tariff is a tax on imported goods imposed to protect domestic industries.
Step-by-step explanation:
The correct term to describe a tax on products or goods imported from another country is tariff. A tariff is a tax imposed by a government on imported goods, which serves as a form of protectionism for domestic industries. It is imposed to make imported goods more expensive and less competitive with domestic products, thus encouraging consumers to buy local.
Learn more about Imported goods taxation