WAEC Commerce 2004 Question 47

Question 47

Foreign Trade

If a country wishes to discourage imports, it

  1. A.removes quotas
  2. B.encourages free trade
  3. C.imposes tariffs
  4. D.subsidizes exports
Show the answer and explanation

Answer: C (imposes tariffs)

Explanation

Tariffs make imports dearer and so discourage them.