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zarkam21:
**Economics Question** Define a tariff and describe the purpose of two of these types of tariffs: retaliatory, revenue, or protective. Description: Purpose: Purpose:
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zarkam21:
@Shadow
mplatt:
Description i. A tariff is a tax on imports or exports. b. Purpose i. Retaliatory- Charged to fight against protectionist policies by another country, they are used as a protective measure, and is a punishment meant to hurt the government that imposed the tariff, might result in a repeal of that tariff.
zarkam21:
what wold be another purpose because I need 2
mplatt:
Humm let me see my notes one sec
zarkam21:
sure
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zarkam21:
did you find one
zarkam21:
neevermind got it
mplatt:
ok
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