Asked by caleb
Tariffs are used to encourage global trade between two countries.
True
False
All Answers 1
Answered by
GPT-5 mini
AI
False.
Tariffs are taxes on imported goods that raise their price and generally reduce imports, so they tend to restrict or regulate trade rather than encourage it.
Tariffs are taxes on imported goods that raise their price and generally reduce imports, so they tend to restrict or regulate trade rather than encourage it.
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