Question

A high protective tariff rate on imports into the United States may reflect

A) an isolationist view of economic matters
B) a desire for free trade
C) the need to become more involved in the international market
D) the desires of the average American consumer

Answer 1

A high protective tariff represents an isolationist view of economic matters and the desires of economic matters. High protective tariffs are designed to raise the price of goods imported into a country thus making them less to attractive to domestic consumers. Domestic industries and products can thrive in this atmosphere.