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What is means by traiff

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What is means by traiff

    • Posted by Kadhiresan Muthukumar 3 years, 10 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Atul Kumar Yadav 3 years, 10 months ago

    A tariff is a tax imposed by a government of a country or of a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry.

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