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QuestionEconomics

A tariff is a type of: A. tax B. punishment C. subsidy D. grant
11 months agoReport content

Answer

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Step 1:
: Identify the definition of a tariff

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

Step 2:
: Compare the definition to the given options

Looking at the options, we can see that "tax" most closely matches the definition of a tariff.

Step 3:
: Eliminate incorrect options

We can eliminate options B, C, and D since punishment, subsidy, and grant do not align with the definition of a tariff.

Final Answer

A. tax

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