In many cases, tariffs are imposed for the purpose of ________.
A) increasing national government revenue
B) complying with trade regulations
C) increasing foreign trade activity
D) promoting consumer safety

Question

Quizplus · Accepted Answer

Tariffs are primarily imposed by governments to increase national revenue by taxing imported goods, making them more expensive and less competitive against domestic products. This can also indirectly protect domestic industries and jobs.

In Many Cases, Tariffs Are Imposed for the Purpose of ________