Classwork Series and Exercises {Commerce – SS1}: Tariffs and Restrictions
Commerce, SS 1, Week 5 Topic: Tariffs or Restrictions to Trade Contents: Definition of Tariffs Reasons for imposition of Tariffs or restriction of trade Tools or instrument of trade restrictions Definition of Tariffs Tariffs are taxes or duties imposed on imports and exports by the Government of a country. Tariffs is majorly to restrict the […]
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