Why would a country use tariffs?

question options: 16

to eliminate imported goods

to block trade with other countries

to make the price of its goods competitive

to increase trade with other countries

A country would use tariffs to make the price of its goods competitive

Option 3

Explanation:

Imposition of tariffs in the form of licenses, quotas and restraints are often a politicised area of debate. This is done with the main motive to make the price of its goods more competitive.

With globalization happening at a global scale, the world is experiencing a drastic competition across the world which can pose as a huge threat to domestic industries. This can result in unemployment.

Imposition of tariffs will result in the restriction of the entry of foreign goods, giving a chance for local goods to gain an edge over them up to a point where they do not have an advantage with their foreign competitors.

on december 1, 1774, the continental association was created to boycott all contact with british goods. by reversing the economic sanctions placed on the colonists, the delegates hoped britain would repeal its intolerable acts.