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A tariff is a tax placed on goods imported into a country. Tariffs are instituted in order to protect a nation’s industries from competition from goods produced cheaply overseas. True or false
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A tariff is a tax placed on goods imported into a country. Tariffs are instituted in order to protect a nation’s industries from competition from goods produced cheaply overseas. True or false

User Jonathan Gurebo
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8 votes

Answer:

True

Step-by-step explanation:

Definition of tariff: "A tax or duty to be paid on a particular class of imports or exports."

User Rundavidrun
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