Economics A-Level
Government tariff revenue
What Government tariff revenue means in Economics A-Level, as defined for AQA.
Definition of Government tariff revenue
Check what you remember
Read the wording for your board, then hide it and explain Government tariff revenue in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A rectangular area bounded by the old and new world prices and the new import quantities, shaded to show the revenue generated.
Topics that use Government tariff revenue
- Trade (AQA A-Level)
Related terms
- Comparative advantage
- Deadweight welfare loss
- Economic efficiency
- Economic integration
- Economies of scale
- Export subsidies
- Gains from trade
- International trade
Using Government tariff revenue in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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