A ________ tariff is designed to raise the price of imported products so that domestic goods are more competitively priced.
A) protective
B) restrictive
C) progressive
D) revenue

Question

Quizplus · Accepted Answer

A protective tariff is designed to protect domestic producers by raising the prices of imported products, making domestic goods more competitively priced. This tariff is usually imposed to give domestic producers an advantage over foreign competition.

A ________ Tariff Is Designed to Raise the Price of Imported