Question

A protective tanff is intended to protect the

Answer 1

A protective tanf is intended to protect the manufacturer or farmer from lower priced goods imported into the country

Answer: Option D

Explanation:

A protective tariff is a tax levied on goods that are brought into the country. This tax would help the government with revenue. It is framed in order to protect the domestic trade so that the pricing of local is not higher than the imported goods.

Every goods imported has got a specific percentage levied as tax.  This not only does give an additional revenue but also keeps the trade within the country and money is circulated only within the nation. Hence the money is not going out benefiting the revenue of other country.