How do tariffs on imports affect a country s balance of trade?

a. Tariffs raise government revenue.

b. Tariffs ensure that all countries are traded with equally.

c. Tariffs reduce the amount of imports a country makes.

d. Tariffs increase the amount of money a country makes from imports.

Question

Nolan Finley

Business

19 March, 01:34

How do tariffs on imports affect a country s balance of trade?

a. Tariffs raise government revenue.

b. Tariffs ensure that all countries are traded with equally.

c. Tariffs reduce the amount of imports a country makes.

d. Tariffs increase the amount of money a country makes from imports.

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Answers (1)

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Isabell Valentine · Answer 1

The right answer for the question that is being asked and shown above is that: "d. Tariffs increase the amount of money a country makes from imports." tariffs on imports affect a country s balance of trade is that Tariffs increase the amount of money a country makes from imports.

How do tariffs on imports affect a country s balance of trade?a. Tariffs raise government revenue.b. Tariffs ensure that all countries are traded with equally.c. Tariffs reduce the amount of imports a country makes.d. Tariffs increase the amount of money a country makes from imports.

How do tariffs on imports affect a country s balance of trade?

a. Tariffs raise government revenue.

b. Tariffs ensure that all countries are traded with equally.

c. Tariffs reduce the amount of imports a country makes.

d. Tariffs increase the amount of money a country makes from imports.