An optimum tariff benefits
A) the importing nation.
B) exporting nations.
C) the world economy.
D) smaller nations.

Question

Quizplus · Accepted Answer

An optimum tariff benefits the importing nation by improving its terms of trade. This means the importing nation can import goods at a lower cost, but it may have negative effects on exporting nations and does not necessarily benefit the world economy or smaller nations specifically.

An Optimum Tariff Benefits