A major purpose of tariffs is to
A) encourage imports.
B) encourage exports.
C) discourage imports.
D) discourage exports.

Name: A major purpose of tariffs is to A) encourage imports. B) encourage exports. C) discourage imports. D) discourage exports.
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Question

Quizplus · Accepted Answer

Tariffs are taxes imposed on imported goods and services. They are used to discourage imports by making them more expensive, thereby protecting domestic industries from foreign competition.

A Major Purpose of Tariffs Is to