For advanced countries such as the United States, tariffs on imported raw materials tend to be ?

Question

For advanced countries such as the United States, tariffs on imported raw materials tend to be ?

Answer 1

A. equals to tariffs on imported manufactured goods
B. lower than tariffs on imported manufactured goods
C. higher than tariffs on imported manufactured goods
D. The highest of all tariffs

Correct Answer: lower than tariffs on imported manufactured goods ✔

Last Updated: June 18, 2019