Having recently found sources of oil on their own land, the newly established nation of Brotherton enacted a tariff on imported petroleum in order to raise money for their new government. This trade restriction is an example of a ________ tariff.
A) revenue
B) protective
C) percentage
D) fixed

Question

Having recently found sources of oil on their own land, the newly established nation of Brotherton enacted a tariff on imported petroleum in order to raise money for their new government. This trade restriction is an example of a ________ tariff.
A) revenue
B) protective
C) percentage
D) fixed

Quizplus · Accepted Answer

Revenue tariffs are designed to raise money for the domestic government.

Having Recently Found Sources of Oil on Their Own Land