asked 96.0k views
5 votes
How do tariffs affect the importing of goods?

A. Tariffs help businesses make more money by importing goods.

B. Tariffs give governments more control over businesses that import goods.

C. Tariffs raise prices on goods that are imported into a country.

D. Tariffs make it easier to import goods from other countries.

2 Answers

6 votes
The correct answer is C.
answered
User Jbandi
by
8.2k points
4 votes

Answer: Tariffs raise prices on goods that are imported into a country

Explanation: Tariffs are used by government to provide security for industries producing goods and services that are substitutes with goods and services imported from abroad. It’s act as a trade protectionist barrier. Tariffs increases the prices of goods and services that are imported into the country. Government places high tariffs on goods and services that compete with locally made ones , consequently, it’s affect the prices of imported goods and services to be high.

answered
User Brance
by
7.9k points
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