Governments impose import duties for the following reasons EXCEPT

COMMERCEJAMB 1994

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: C. to discourage the redistribution of income at home

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