Suppose the country of Atlantica imposes a tariff on foreign-produced cars. As a result of the tariff

Name: Suppose the country of Atlantica imposes a tariff on foreign-produced cars. As a result of the tariff
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Tariffs are taxes imposed on imported goods, and when a country like Atlantica imposes a tariff on foreign-produced cars, it directly increases the government's revenue from those imports. The tariff acts as a source of income for the government, collected from the importers of the foreign cars.

Suppose the Country of Atlantica Imposes a Tariff on Foreign-Produced