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1 vote
Tariffs are used to encourage global trade between two countries.
a. True
b. False

2 Answers

3 votes
B. False because it's used to Restrict Trade as they increase the price of imported goods making them more expensive for customers hoped this helped.
4 votes
Tariffs are intentional taxes on imports from other countries. They are used to drive taxes up so that goods made in the country are more attractive to consumers. Because of this, other countries retaliate and raise their taxes too.

The answer is B: False
User Pavan Manjunath
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