Economics · Public Finance
On what primary basis is a 'Protective Tariff' levied on international trade goods?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Preferential trade agreements between selected nations
- 2Retaliation against unfair foreign subsidies
- 3Country-wise discrimination based on political relations
- 4The objective of protecting domestic industries✓
Correct answer
The objective of protecting domestic industries
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