Why do governments in less-developed nations usually impose tariffs?
A) The nation's total income will be increased.
B) The government's low-paid workers are protected from high-paid foreign workers.
C) The national security of the country is definitely improved.
D) The government gains revenue from the tariff.
E) The government diversifies its economy.

Question

Quizplus · Accepted Answer

Less-developed nations usually impose tariffs to gain revenue from the imports of foreign goods. This revenue can then be used to support the government's operations and invest in national infrastructure.

Why Do Governments in Less-Developed Nations Usually Impose Tariffs