Question

**Economics Question**

Define a tariff and describe the purpose of two of these types of tariffs: retaliatory, revenue, or protective.

Description:

Purpose:

Purpose:

Answer 1

@Shadow

Answer 2

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.

Answer 3

what wold be another purpose because I need 2

Answer 4

Humm let me see my notes one sec

Answer 5

sure

Answer 6

did you find one

Answer 7

neevermind got it

Answer 8

ok