Question

multiple choice question. what is the difference between a protective tariff and a revenue tariff? a protective tariff protects less - efficient domestic industries. a revenue tariff generates government revenue without prohibiting imports. a protective tariff protects the foreign producer, whereas a revenue tariff generates revenue for the government. a revenue tariff raises revenue for the government, and it protects less - efficient domestic industries. need help? review these concept resources. read about the concept

Explanation:

A protective tariff is designed to shield domestic industries from foreign competition, often at the cost of efficiency. A revenue - tariff is mainly about generating income for the government without necessarily restricting imports as its primary goal.

Answer:

A. A protective tariff protects less efficient domestic industries. A revenue tariff generates government revenue without prohibiting imports.