

McqMate
Q. |
Pick out the wrong statement. |
A. | Tariffs are primarily levied to earn revenue. |
B. | Tariffs are levied to protect domestic industries. |
C. | Tariffs reduce the prices of the commodity on which it is levied. |
D. | Tariffs affect the income and employment. |
Answer» C. Tariffs reduce the prices of the commodity on which it is levied. |
View all MCQs in
Business EconomicsNo comments yet