If the Korean government charged tariffs on Japanese automobiles and in turn the Japanese government put tariffs on Korean automobiles, Japan's major rationale for imposing these tariffs would be to
A) protect national security.
B) protect domestic jobs.
C) retaliate for Korea's tariffs.
D) lower prices for consumers.
E) protect an infant industry.

Question

Quizplus · Accepted Answer

The rationale for Japan's tariffs would be retaliation for Korea's tariffs on Japanese automobiles. Japan would want to impose tariffs on Korean automobiles as a retaliatory measure to protect their domestic automobile industry. The other options, such as protecting national security, domestic jobs, and an infant industry, do not apply in this scenario. Lowering prices for consumers may be a secondary effect of the tariffs, but it is not the main rationale for imposing them.

If the Korean Government Charged Tariffs on Japanese Automobiles and in Turn