One objective of export tariffs is to:___________
a) abide by the rules enforced by the WTO.
b) curb the competition offered by foreign firms to domestic firms.
c) reduce exports from a sector to ensure a

Respuesta :

One of the objectives that export tariffs are imposed for is to c) reduce exports from a sector.

Why would exports need to be curbed?

A government's first and foremost purpose is to protect its citizens and this includes ensuring that resources are available to do so.

If a resource is in short supply in a country and there is a need to protect its supply, the government would impose export tariffs to reduce the export of that good for the benefit of the local market.

In conclusion, option C is correct.

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