The Main Purpose of Most Tariffs and Quotas Is to

question 8

Multiple Choice

The main purpose of most tariffs and quotas is to

• A)raise revenue for the government.
• B)reduce the prices consumers pay for goods and services.
• C)reduce the foreign competition that domestic firms face.
• D)improve the quality of goods and services imported into the country.

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Definitions:

Private Speech

Self-directed speech by individuals, especially children, which serves as a tool for thinking and self-regulation.

Egocentric

Focused on oneself and one's own needs or interests, often without regard for others.

Social Speech

Speech intended to be understood by a listener.

Fast Mapping

Process by which a child absorbs the meaning of a new word after hearing it once or twice in conversation.