📊 Business Economics
Q. Pick out the wrong statement.
  • (A) Tariffs are primarily levied to earn revenue.
  • (B) Tariffs are levied to protect domestic industries.
  • (C) Tariffs reduce the prices of the commodity on which it is levied.
  • (D) Tariffs affect the income and employment.
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✅ Correct Answer: (C) Tariffs reduce the prices of the commodity on which it is levied.

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