The imposition of tariffs will help a nation attain which of the following goals?
A) Decreased domestic consumer prices
B) Increased domestic employment
C) Increased amount and variety of goods available for consumers
D) Increased competition between domestic and foreign producers
E) Gains for domestic producers

Question

Quizplus · Accepted Answer

Imposing tariffs helps protect domestic producers by making foreign goods more expensive, thereby allowing domestic producers to sell their goods at a comparable price. This leads to gains for domestic producers.

The Imposition of Tariffs Will Help a Nation Attain Which