Question

A country would place a tariff on imported steel to

Answer 1

. . . 'protect' its domestic steel industry, by
increasing the price of imported steel.

Answer 2

Answer:

protect domestic steel manufacturers from foreign competition.

Explanation:

Creating a favorable balance of trade. Restrictions such as tariffs and import quotas are put in place to encourage the purchase of domestically made goods rather than imports. This is to ensure that the nation exports more than it imports