Question

Protective tariffs are considered positive because _____. they generate income for the government they give foreign goods a competitive edge they protect local industry they increase productivity of factories

Answer 1

The answers are:

they protect local trade

and

they generate income for the government

Step-by-step explanation:

Answer 2

I think the correct answer from the choices listed above is the third option. Protective tariffs are considered positive because they protect local industry. It is imposed on imports to raise their price, making them less attractive to consumers and thus protecting domestic industries from foreign competition.