The imposition of tariffs will help a nation attain which of the following goals?
A) decreased domestic consumer prices
B) increased domestic employment
C) increased amount and variety of goods available for consumers
D) increased competition between domestic and foreign producers
E) gains for domestic producers

Question

Quizplus · Accepted Answer

The imposition of tariffs will help domestic producers by making imported goods more expensive, reducing competition from foreign producers and creating more opportunities for domestic producers to sell their goods. This can lead to gains for domestic producers, such as increased profits and employment opportunities. The other options are not necessarily achieved by the imposition of tariffs.

The Imposition of Tariffs Will Help a Nation Attain Which