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18 March, 20:09

A revenue tariff is designed to assist more efficient domestic producers, whereas a protective tariff is designed to promote imports. A) TrueB) False

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Answers (2)
  1. 18 March, 20:22
    0
    False

    Explanation:

    Hello!

    A tariff is a tax that applies to imported goods or services. The tariff charged to imported products is the most common of them, although a tariff may be applied to export products.

    A government applies a protectionist tariff to an imported product to obtain benefits from it. For this reason, the product becomes more expensive. This type of tariffs discourages imports, instead encouraging the purchase of national products.

    Success in your homework!
  2. 18 March, 20:34
    0
    false
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