Question

tariffs imposed to reduce imports constitute​

Answer 1

Explanation:

Tariffs increase the prices of imported goods. Because of this, domestic producers are not forced to reduce their prices from increased competition, and domestic consumers are left paying higher prices as a result.

Answer 2

Answer:

The correct answer of this question is the market impact expands the market.

Explanation:

Given - Tariffs imposed to reduce imports .

Imports are restricted via tariffs. To put it another way, they raise the cost of goods. Imported goods are more expensive due to tariffs. Domestic producers are not compelled to lower their prices as a result of increasing competition, and domestic consumers pay higher prices as a result.

When tariffs are reduced, the market impact expands the market.