The Canadian Department of Finance likely raised tariffs on Chinese solar-product manufacturers in an effort to do which of the following?
A) put a limit on the number of Chinese solar products imported by Canadian consumers
B) make it cheaper for Canadian consumers to buy solar products from China
C) give Canadian solar-product manufacturers an opportunity to gain market share
D) completely halt the import of Chinese solar-products into Canada

Question

Quizplus · Accepted Answer

The Canadian Department of Finance likely raised tariffs on Chinese solar-product manufacturers in an effort to give Canadian solar-product manufacturers an opportunity to gain market share. This is a protectionist measure to support domestic industry by making imports more expensive and less competitive, thereby providing an advantage for local producers.

The Canadian Department of Finance Likely Raised Tariffs on Chinese