A major purpose of tariffs is to

Name: A major purpose of tariffs is to
Brand: Quizplus
Rating: 4.7 (48 reviews)

Question

Quizplus · Accepted Answer

Tariffs are taxes imposed on imported goods, making them more expensive for consumers and less competitive with domestic products. This makes it less attractive for companies to import goods and encourages them to produce more domestically. Therefore, the major purpose of tariffs is to discourage imports.

A Major Purpose of Tariffs Is to