WAEC 2018 Geography · Question 19

One of the usefulness of import tariff on imported goods is the

Options

  1. A.encouragement of importation
  2. B.multiplication of foreign goods
  3. C.protection of infant industries
  4. D.saving of money

Answer: C. protection of infant industries

Explanation written with AI and checked against the answer key

Step 1: Analyze the question The question asks for one useful purpose of an import tariff (a tax placed on goods brought into a country from abroad).

Step 2: Explain the concept An import tariff makes foreign goods more expensive in the local market. Governments use this for several reasons:

  • To protect infant (young) industries from cheap foreign competition
  • To raise revenue for the government
  • To discourage excessive importation
  • To improve the balance of trade

Step 3: Evaluate each option

  • A. Encouragement of importation: Wrong. A tariff raises the price of imports and so discourages importation.
  • B. Multiplication of foreign goods: Wrong. Tariffs tend to reduce the quantity of foreign goods entering the country.
  • C. Protection of infant industries: Correct. Newly established local industries cannot yet compete with big, established foreign firms. A tariff raises the price of the foreign competitors' goods, giving local producers room to grow, for example Nigerian manufacturers of textiles or cement.
  • D. Saving of money: Too vague. A tariff may reduce foreign exchange spending indirectly, but "saving of money" is not the standard stated purpose of tariffs. It is not the best answer.

Step 4: Answer The correct answer is C. protection of infant industries.

Tip: In Economics and Geography questions about tariffs, remember "Tariff = Taxes to Tame foreign competition." Whenever you see "import tariff" or "import restriction", think protect local/infant industries, raise revenue, and reduce imports. Any option saying tariffs encourage imports is almost always wrong.

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