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      Question

      Tariffs serve primarily

      to:
      A encourage foreign trade Correct Answer Incorrect Answer
      B equalize production capacity Correct Answer Incorrect Answer
      C raise prices on imports Correct Answer Incorrect Answer
      D limit the quantity of goods leaving the domestic market. Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Tariffs, which are a government tax on goods or services entering a country, primarily serve to raise prices on imports.

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