What Is the Basic Purpose of Protective Tariffs

question 54

Multiple Choice

What is the basic purpose of protective tariffs?

• A) to raise money for the country into which the products are being imported
• B) to raise the retail prices of imported products to match or exceed those of similar domestic products
• C) to counter the effects of tariffs on the domestic market
• D) to stabilize the prices of imported goods

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Definitions:

MicroRNA

Small non-coding RNA molecules involved in gene regulation by interfering with the translation of mRNA into proteins.

Cytoplasm

The gel-like substance inside a cell, excluding the nucleus, containing organelles in which the cell's processes occur.

Activators

Proteins that bind to specific DNA sites to increase the likelihood of transcription of a particular gene.

Transcription

The act of transferring the encoded information from a DNA strand into a novel molecule of messenger RNA (mRNA).