One objective of export tariffs is to
A) abide by the rules enforced by the WTO.
B) curb the competition offered by foreign firms to domestic firms.
C) reduce exports from a sector to ensure a sufficient supply.
D) maintain a positive trade deficit.
E) increase the flow of capital in the international market.

Question

Quizplus · Accepted Answer

Export tariffs can be used to reduce exports from a sector to ensure that there is a sufficient supply of goods for domestic consumption.

One Objective of Export Tariffs Is to