Why Do Governments in Less-Developed Nations Impose Tariffs

question 59

Multiple Choice

Why do governments in less-developed nations impose tariffs?

• A) The government gains revenue from the tariff.
• B) The government's low-paid workers are protected from high-paid foreign workers.
• C) The nation's total income will be increased.
• D) The national security of the country definitely is improved.
• E) The government diversify its economy.

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Definitions:

International Context

Situations or activities that occur or are understood within the framework of global or cross-border interactions.

Reverse Culture Shock

The psychological and emotional stress experienced by individuals upon returning to their home country after they have grown accustomed to a different culture during an extended period abroad.

Repatriate's Experiences

The experiences and challenges faced by individuals who return to their home country after living or working abroad.

International Knowledge

Knowledge that spans across global boundaries, encompassing understanding of international laws, cultures, business practices, and geopolitical factors.