Grade 7 Exam  >  Grade 7 Questions  >  How do tariffs typically impact imported good... Start Learning for Free
How do tariffs typically impact imported goods?
  • a)
    They make imported goods cheaper
  • b)
    They have no effect on prices
  • c)
    They make imported goods more expensive
  • d)
    They improve the quality of imported goods
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
How do tariffs typically impact imported goods?a)They make imported go...
Tariffs are taxes on imported goods, which increase the cost of these goods, making them more expensive for consumers.
Explore Courses for Grade 7 exam
Question Description
How do tariffs typically impact imported goods?a)They make imported goods cheaperb)They have no effect on pricesc)They make imported goods more expensived)They improve the quality of imported goodsCorrect answer is option 'C'. Can you explain this answer? for Grade 7 2025 is part of Grade 7 preparation. The Question and answers have been prepared according to the Grade 7 exam syllabus. Information about How do tariffs typically impact imported goods?a)They make imported goods cheaperb)They have no effect on pricesc)They make imported goods more expensived)They improve the quality of imported goodsCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Grade 7 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How do tariffs typically impact imported goods?a)They make imported goods cheaperb)They have no effect on pricesc)They make imported goods more expensived)They improve the quality of imported goodsCorrect answer is option 'C'. Can you explain this answer?.
Solutions for How do tariffs typically impact imported goods?a)They make imported goods cheaperb)They have no effect on pricesc)They make imported goods more expensived)They improve the quality of imported goodsCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Grade 7. Download more important topics, notes, lectures and mock test series for Grade 7 Exam by signing up for free.
Here you can find the meaning of How do tariffs typically impact imported goods?a)They make imported goods cheaperb)They have no effect on pricesc)They make imported goods more expensived)They improve the quality of imported goodsCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of How do tariffs typically impact imported goods?a)They make imported goods cheaperb)They have no effect on pricesc)They make imported goods more expensived)They improve the quality of imported goodsCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for How do tariffs typically impact imported goods?a)They make imported goods cheaperb)They have no effect on pricesc)They make imported goods more expensived)They improve the quality of imported goodsCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of How do tariffs typically impact imported goods?a)They make imported goods cheaperb)They have no effect on pricesc)They make imported goods more expensived)They improve the quality of imported goodsCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice How do tariffs typically impact imported goods?a)They make imported goods cheaperb)They have no effect on pricesc)They make imported goods more expensived)They improve the quality of imported goodsCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Grade 7 tests.
Explore Courses for Grade 7 exam

Top Courses for Grade 7

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev