If a country wishes to discourage imports, it
If a country wishes to discourage imports, it
- A) subsidizes export
- B) Removes quotes
- C) imposes tariffs
- D) encourages free trade
Correct Answer: C) imposes tariffs
Explanation
To discourage imports means to make it less attractive or more expensive for people in the country to buy goods from other countries. One way a country can do this is by imposing tariffs.Tariffs are taxes or fees that a country places on imported goods. When a country imposes tariffs, it increases the cost of imported goods, making them more expensive for consumers. This can make people less likely to buy imported goods and instead choose to purchase goods made within their own country. By discouraging imports, a country can protect its domestic industries and promote the growth of its own economy.
In contrast, subsidizing exports (Option A) means providing financial assistance or incentives to companies that sell goods to other countries. This can help increase the competitiveness of a country's exports and encourage foreign countries to buy more of its goods. Removing quotes (Option B) doesn't directly relate to discouraging imports. Encouraging free trade (Option D) means promoting the exchange of goods and services between countries with minimal barriers, which would not discourage imports.
Therefore, the correct option in this question is Option C: Imposes tariffs.