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ANSWER :
Tariffs and quota constitutes to low growth , tariffs a type of excise tax that is levied on goods produced abroad at the time of import . they are intended to increase consumption of goods manufactured at home by increasing the price of foreign - produced goods .
A consumers spend more on goods on which the duty is imposed , they have less to spend on other goods - so , one industry is propped up to the disadvantage of all others . this results in a less efficient allocation of resource , which can then result in slower economic in nature , burdening lower - income consumer the most.
( option (C) is correct )..................
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comment. a very urgent job.
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