A tariff is a tax imposed on

Q: A tariff is a tax imposed on

A tariff is a tax imposed on Imported goods ✓ Exported goods Domestic goods Consumer goods Explanation This answer correctly explains the economic concept. Economics studies how people make choices about limited resources. The other options describe different economic ideas or situations. They don't fit what this question asks. Remember this economic principle when thinking about money, trade, and how markets work.

JAMB Economics 2023 111 views

Source: JAMB · 2023

Imported goods ✓
Exported goods
Domestic goods
Consumer goods

Explanation

This answer correctly explains the economic concept. Economics studies how people make choices about limited resources.

The other options describe different economic ideas or situations. They don’t fit what this question asks.

Remember this economic principle when thinking about money, trade, and how markets work.

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