Tariffs serve all of the following purposes except:
A) collection of revenue.
B) enhancement of flow of commerce.
C) regulation of import competition.
D) protection of the national defense.

Question

Quizplus · Accepted Answer

Tariffs are generally imposed to achieve revenue collection, regulation of import competition, and protection of national defense industries. However, they can hinder the flow of commerce by making imports more expensive and reducing trade between countries. Therefore, enhancing the flow of commerce is not a typical purpose of tariffs.

Tariffs Serve All of the Following Purposes Except