Governments impose import duties for the following reasons EXCEPT
A.
to raise revenue for other services
B.
to act as a retaliatory measure against other governments
C.
to discourage the redistribution of income at home
D.
to protect home industries from external competition
Correct Answer: Option C
Explanation
Import duties are typically imposed to raise revenue, protect domestic industries, and sometimes as a retaliatory measure against other countries. However, discouraging income redistribution at home is not a primary objective of import duties.
Contributions ({{ comment_count }})
Please wait...
Modal title
Report
Block User
{{ feedback_modal_data.title }}