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Revenue tariffs, such as a tax on oil, are ________ ; while protective tariffs, such as taxes on solar panels, are ________.

Sagot :

ayfat23

It should be noted that Revenue tariffs are designed simply to raise money for the government;  ; while protective tariffs, such as taxes on solar panels, are designed to raise the price of imported goods to make domestic goods more competitive.

What is a Revenue tariffs?

A "revenue tariff can be regarded as set of rates which is been put in place to raise money for the government.

Therefore, protective tariffs, such as taxes on solar panels, are designed to raise the price of imported goods.

Learn more about Revenue tariffs at:

https://brainly.com/question/16057203

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