Because low tariffs have a high ratio of benefits to costs, they are an especially efficient way for nations to achieve full employment and growth.

Question

Quizplus · Accepted Answer

Low tariffs can promote trade and economic efficiency, but they are not a comprehensive solution for achieving full employment and growth. Other factors such as fiscal and monetary policy, education, and infrastructure also play critical roles in a nation's employment levels and economic growth.

Because Low Tariffs Have a High Ratio of Benefits to Costs