Which of the following is not a reason for imposing import duties? To

Assessment: WAEC SSCE - Commerce - 1996 (Objective) Subject: Commerce

Question 1 Report

Which of the following is not a reason for imposing import duties? To
Answer Details
The reason for imposing import duties is to achieve certain objectives. However, one of the options listed is not a reason for imposing import duties. That option is "improve quality of goods for consumers." Import duties are taxes placed on goods imported into a country. They are often used as a means of protecting domestic industries and increasing revenue for the government. Some of the common reasons for imposing import duties include improving the balance of trade, protecting infant industries, preventing dumping, and generating revenue for the government. Therefore, improving the quality of goods for consumers is not a reason for imposing import duties.

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