Question

Under certain circumstances, however, it pays for a nation to import goods and services from

abroad even though they could be produced more cheaply at home. This is referred to as _____.

Answer 1

revenue tariff

Step-by-step explanation:

I think this because the definition is a tariff imposed principally to raise government revenue rather than to protect domestic industries .A tax applied to imported and exported goods in order to increase the revenue of a regional or national government. An example of a revenue tariff in a business is the tax applied to all imported oil in the United States.