Respuesta :
A tariff is a tax on imported products Option(b) is correct. Tariffs are among the most broadly utilized instruments of protectionism, alongside import and commodity shares.
What is a Tariff?
A Tariff is a tax forced by the public authority of a nation or by a supranational association on imports or products of merchandise.
Other than being a wellspring of income for the public authority, import obligations can likewise be a type of guideline of unfamiliar exchange and strategy that taxes unfamiliar items to support or protect homegrown industry.
Tariffs can be fixed (a steady total for each unit of imported products or a level of the cost) or variable (the sum fluctuates as per the cost). Taxing imports implies individuals are less inclined to get them as they become more costly.
Therefore Option(b) is correct.
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