Advocates of low tariffs proclaimed all of the following, EXCEPT that lower tariffs would:

Question

Quizplus · Accepted Answer

Lower tariffs are generally advocated for their ability to increase foreign trade, decrease consumer prices, and increase competition among producers. However, they do not protect domestic manufacturers; in fact, they expose them to more competition from foreign companies. Protection of domestic manufacturers is typically achieved through higher tariffs, not lower ones.

Advocates of Low Tariffs Proclaimed All of the Following, EXCEPT