Tariffs and import duties will protect American businesses from unfair competition by countries like China and Japan.This sounds MOST like an argument againstA) free trade.B) import quotas.C) market economics.D) unbridled competition.

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Tariffs and import duties will protect American businesses from unfair competition by countries like China and Japan. This sounds MOST like an argument against: A) free trade.

Who benefits from an import tariff?

The tariff benefits the government because it raises tax revenues. Producers at home benefit because the tariff gives them some defence against overseas rivals by raising the price of imported foreign goods.

The justification for tariffs is that they safeguard domestic jobs and wages, assist level the playing field for international commerce, make imported goods cost the same as those made locally, and provide home industries a temporary reprieve from foreign competition.

Correct option: A

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