Tariffs Refer to

Multiple Choice

Tariffs refer to

A) a reduction on or refusal to purchase goods from foreign nations with which a country has philosophical or ideological differences.
B) government taxes on goods or services entering a country that primarily serve to raise prices on imports tariffs.
C) a restriction placed on the amount of a product allowed to enter or leave a country.
D) a minimum requirement for the purchase between two or more nations, of products or services.
E) a refusal to purchase or exchange goods or services with another nation unless certain financial or ideological requirements have been satisfied.