QUESTION IMAGE
Question
which of these is most likely the us governments aim in taxing imported goods?
o to protect domestic businesses
o to decrease international trade
o to end reliance on foreign goods
o to make us markets less desirable
Tariffs (taxes on imported goods) are often used as a trade - protection measure. When the US government taxes imported goods, it makes those foreign goods more expensive. Domestic businesses can then compete more effectively as their products are relatively cheaper. Decreasing international trade is not a common long - term goal as some international trade is beneficial. Ending reliance on foreign goods is an extreme and not a practical aim as some goods may not be producible domestically. Making US markets less desirable would harm the US economy.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
to protect domestic businesses