The purpose of a tariff is to raise the price of domestic goods in order to allow foreign manufacturers to compete.

Name: The purpose of a tariff is to raise the price of domestic goods in order to allow foreign manufacturers to compete.
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Quizplus · Accepted Answer

The purpose of a tariff is actually to raise the price of foreign goods, making them less competitive with domestic goods. This is done to protect domestic industries and promote economic growth within the country.

The Purpose of a Tariff Is to Raise the Price