Which of the following will NOT result from a tariff?

Question

Quizplus · Accepted Answer

Tariffs are taxes on imported goods, so they increase the prices of those goods for consumers. This can lead to decreased availability of goods as well, as demand may decrease. Tariffs also generate revenue for the government in the form of import duty. However, they do not typically result in price increases for exported goods, as the tariffs are meant to protect domestic industries and discourage imports, not exports.

Which of the Following Will NOT Result from a Tariff