Tariffs are imposed to a. discourage imports of particular goods. ...

[ereecah]

Tariffs are imposed to
 a. discourage imports of particular goods.
  b. penalize countries that are not politically aligned with the importing country.
  c. generate revenues for the importing country.
  d. All of the above are reasons for tariffs.

Question 2

In a counterpurchase agreement, the seller agrees to purchase products that are usually unrelated to its business.
 
 Indicate whether the statement is true or false

[debra928]

Answer to Question 1

D
Tariffs are any type of tax imposed on goods entering a particular country. Although the WTO opposes tariffs, each of the reasons listed above are reasons that countries impose tariffs. The answer may be found in the Tariffs section (3-2a).

Answer to Question 2

T
Counterpurchase involves two exchanges that are paid for in cash. The seller agrees to purchase products that are usually unrelated to its business from the buyer and sell them on international markets.