In today's world,many countries impose tariffs
A)only on imports.
B)only on exports.
C)on both imports and exports.
D)on imports, exports, and nontraded goods.

Question

Quizplus · Accepted Answer

Many countries impose tariffs on both imports and exports to protect their domestic industries and to generate revenue for the government. However, some countries may only impose tariffs on imports or exports depending on their trade policies and agreements with other countries. Very few countries impose tariffs on nontraded goods.

In Today's World,many Countries Impose Tariffs