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To discourage consumers from purchasing foreign goods best discribes governments enact tariffs.

A tariff is a selected type of tax that a governing body imposes on items or offerings entering or leaving the country. In theory, when a government initiates a tariff application, the extra charges saddled upon the affected items discourages imports, which in turn influences the balance of alternate. Governments impose tariffs to elevate revenue, shield domestic industries, or exert political leverage over another country. tariffs frequently bring about undesirable aspect results, such as higher consumer prices. tariffs can be utilized by governments to raise sales from importers bringing items into the country. Governments also use price lists to protect domestic industries from overseas competition by improving the competitiveness of home goods relative to foreign-made goods. An example of a tariff can be a tariff on metal. this means that any metal imported from some other usa might incur a tariff—as an instance, five% of the fee of the imported items—paid by using the individual or business importing the goods.

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