Which of the following are reasons why governments might use tariffs?
i. tariffs raise...
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Mathematics, 07.01.2020 03:31 bryanmcmillianjr
Which of the following are reasons why governments might use tariffs?
i. tariffs raise government revenue.
ii. tariffs can protect domestic trade by making foreign trade more expensive.
iii. tariffs reduce the amount of money flowing in to a country, which reduces inflation.
a.
i and ii
b.
ii only
c.
ii and iii
d.
iii only
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Answers: 1
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