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    Principles of Macroeconomics
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    Exam 15: Net Exports and International Finance
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    What Is a Tariff
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What Is a Tariff

Question 192

Question 192

Multiple Choice

What is a tariff?


A) A restriction on exports
B) A unit tax placed on a product
C) A ceiling on the amount of a good or service that can be exported
D) A ceiling on the amount of a good or service that can be imported

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