Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
To increase government revenue
B
To promote domestic production
C
To improve international relations
D
To lower consumer prices
Understanding the Answer
Let's break down why this is correct
Answer
The primary purpose of imposing protective tariffs on imported goods is to shield domestic industries from foreign competition. When a government places a tariff, it raises the cost of imported products, making them more expensive for consumers. This encourages people to buy locally made goods instead, which can help local businesses grow and maintain jobs. For example, if a country imposes a tariff on imported steel, it makes foreign steel pricier, leading manufacturers to prefer homegrown steel. Ultimately, this can strengthen the economy by fostering local production and reducing reliance on imports.
Detailed Explanation
Protective tariffs help local businesses by making imported goods more expensive. Other options are incorrect because Some might think tariffs are mainly for raising money for the government; It's a common belief that tariffs improve relationships with other countries.
Key Concepts
protective tariffs
Topic
Effects of Tariffs on Trade
Difficulty
easy level question
Cognitive Level
understand
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