In the global marketplace,prices are directly affected by special types of taxes called tariffs.

Question

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Tariffs are additional charges imposed on goods or services imported into a country, which makes them more expensive for the consumers. This directly affects the prices of the products in the global marketplace, making them more expensive and less competitive. Therefore, tariffs have a significant impact on the pricing strategy of companies that operate globally.

In the Global Marketplace,prices Are Directly Affected by Special Types