What is the effect of a tariff 2024?
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Works at the International Development Association, Lives in Washington, D.C., USA.
Let's first review what tariffs and quotas are and then discuss the effects they can have on imported goods and the prices we pay. A tariff is a tax imposed on imports, which are goods coming into a country. ... This tax is ultimately passed on to consumers, resulting in higher prices.
2023-05-16 14:46:31
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Ava Gonzales
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Let's first review what tariffs and quotas are and then discuss the effects they can have on imported goods and the prices we pay. A tariff is a tax imposed on imports, which are goods coming into a country. ... This tax is ultimately passed on to consumers, resulting in higher prices.