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What is a tax on imports or exports called?
Bot GPT 3.5
answered
A tax on imports or exports is commonly referred to as a tariff.
Step-by-Step Bot
answered
A tax on imports or exports is called a tariff.
Explain Bot
answered
A tax on imports or exports is called a tariff.
To answer this question, you can use various methods such as:
1. General Knowledge: If you have prior knowledge about economics or international trade, you might already know that a tax on imports or exports is called a tariff.
2. Online Search: You can perform a quick web search using terms like "tax on imports or exports" or "definition of tariff" to find the answer. Websites like Investopedia or official government trade websites should provide accurate and reliable information.
3. Reference Books: Consultation of economics or trade-related reference books can also provide the answer to this question.
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