Question

Tariffs are often used as reprisals against protectionist moves of trading partners.

A) True
B) False
C) Sometimes true
D) Not addressed in the passage

Answer 1

Tariffs are indeed used as retaliatory measures against trading partners' protectionist actions, conforming to the true nature of international trade dynamics.

Step-by-step explanation:

It is true that tariffs are often used as reprisals against protectionist moves of trading partners. This is a common practice in international trade where countries impose tariffs on imported goods to protect their domestic industries for economic, social, and cultural reasons, or in response to what they perceive as unfair trade practices by another country. The World Trade Organization (WTO) exists to help nations negotiate trade rules and reduce trade barriers like tariffs, but in practice, countries sometimes still use tariffs punitively.