Why Do Governments Impose Tariffs

question 32

Multiple Choice

Why do governments impose tariffs?

• A) To protect domestic industries from foreign competition.
• B) To raise revenues.
• C) To attempt to improve their balance of trade.
• D) Governments impose tariffs for all of the above reasons.

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Definitions:

Disparaging

Making belittling or derogatory statements or comments about someone or something.

Register of Copyright

An official record maintained by a government authority that lists works protected by copyright law.

Library of Congress

The research library that officially serves the United States Congress and is considered the national library of the U.S., holding a vast collection of books and resources.

Copyright Protection

A form of intellectual property law that grants authors, artists, and other creators exclusive rights to their original works for a specified period.