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How can tariffs affect the economy of the West? (1 point)
O They can lead to more income.
O They can lead to job loss.
O They can lower the price of goods.
O They can expand the economy.

How can tariffs affect the economy of the West 1 point O They can lead to more income O They can lead to job loss O They can lower the price of goods O They can class=

Respuesta :

Tundexi

Tariffs can affect the economy of the West as it can lead to more income and expand the economy.

What is a tariff?

This refers to any form of imposition of tax on goods or servives that are either imported or exported into a country.

Generally, taxation serves as a form of income generation and forms a large chunk of revenue for every country.

The revenue from tax lead to more income and are used to expand the economy in form of government spending.

Therefore, the Option A and D is correct.

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