For industrial nations,tariffs on raw materials generally are
A) higher than on manufactured products
B) lower than on manufactured products
C) equal to tariffs on manufactured products

Question

Quizplus · Accepted Answer

Industrial nations typically impose lower tariffs on raw materials to encourage the import of these essential inputs for their manufacturing sectors, while higher tariffs are often placed on manufactured products to protect domestic industries.

For Industrial Nations,tariffs on Raw Materials Generally Are