Question

What explains the difference between a tax and a tariff?
A. Taxes are paid on domestic economic activity while tariffs are
paid on international trade.
O B. Taxes are charged on income and wealth while tariffs are charged
on sales.
O C. Taxes are a form of public revenues while tariffs are a form of
public debt.
D. Taxes are spent on social support programs while tariffs are spent
on national defense.​

Answer 1

Answer:

The answer is A.

Explanation:

Taxes are paid within a state (domestic economic activity while tariffs are taxes put on imported goods (international trade).

Answer 2

The difference between a tax and a tariff should be option a. where the taxes should be paid at economic activity and tariff is for international trade.

Difference between the tax and tariff:

A tax represent the charge that should be imposed on the taxpayer from the government. While the tariff should be considered as the direct tax that applied on the goods that are imported from the different country.

based on this we can conclude that option a is correct i.e. where the taxes should be paid at economic activity and tariff is for international trade.

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