Export tariffs are far more common than import tariffs.

Question

Quizplus · Accepted Answer

Import tariffs are actually more common than export tariffs. Import tariffs are used by countries to protect their domestic industries from foreign competition, while export tariffs are often used as a revenue or trade policy tool by the government. However, some countries may use export tariffs to protect their domestic industries or to limit the export of certain goods in order to conserve resources or prevent shortages at home.

Export Tariffs Are Far More Common Than Import Tariffs