JAMB Commerce 2022 Objective — Question 11
Question 11 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2022 Objective paper, with the correct answer and a full explanation.
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11. The following include the reasons government imposes import duties except
- A. (A) raising revenue for governmental activities
- B. (B) retaliating against other governments
- C. (C) discouraging income redistributionCorrect
- D. (D) protecting home made goods
Explanation
Imposing import duties enables the government to redistribute income (by taxing imports, generally consumed more by the rich) and spread it to the poor — the opposite of 'discouraging' redistribution.
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