asked 76.5k views
2 votes
A revenue tariff is designed to assist more efficient domestic producers,

whereas a protective tariff is designed to promote imports.
True
False

2 Answers

2 votes

Answer:

false

Step-by-step explanation:

answered
User Quan
by
8.1k points
3 votes

Answer:

Both the given sentences or statements are false because protective tariff imposition main purpose is to Promote domestic goods.

Step-by-step explanation:

Hence any kind of imports are discouraged by increasing the taxes and prices of goods imported. While the sentence in the question says just opposite while revenue tariff is imposed with the main purpose of generating revenue for government.

Rather than promotion of domestic Products unlike the statement given. So we can be sure about both statements being wrong.

answered
User Kuba Wyrobek
by
9.0k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.