Question

Which statement BEST explains why a tariff is considered a trade restriction? A) Manufacturers use tariffs to determine the number of laborers needed for production. B) The government uses tariffs to limit the number of imports that can enter a country. C) Tariffs allow nations to specialize and focus on producing goods at a cheaper cost. D) Tariffs result in higher priced imported goods and lower priced domestic goods.

Answer 1

Answer:

D) Tariffs result in higher priced imported goods and lower priced domestic goods.

Explanation:

A tariff is a tax on an imported good. Tariffs have been used several times throughout American history in order to protect American businesses. This is due to the fact that tariffs increase the price of foreign goods. This makes foreign countries less likely to trade with the US, as it makes their goods more expensive than goods made within the United States. This is why a tariff is considered a trade restriction.

Answer 2

The answer will help u.

Answer is D.