A Tariff Can Best Be Described as A(n)

Multiple Choice

A tariff can best be described as a(n) :

A) excise tax on an imported good
B) government payment to domestic producers to enable them to sell competitively in world markets
C) excise tax on an exported good
D) law that sets a limit upon the amount of a good that can be imported
E) law that sets a limit on the amount of a good that can be exported