A main purpose of tariffs on imports is to ________.
A) maintain domestic competitiveness
B) increase imports
C) stabilize foreign currencies
D) promote free trade

Question

Quizplus · Accepted Answer

The main purpose of tariffs on imports is to maintain domestic competitiveness by making imported goods more expensive, which encourages consumers to buy domestically produced goods, thereby protecting local industries from foreign competition.

A Main Purpose of Tariffs on Imports Is to ________