Question

12 multiple choice 1 point the two basic types of tariffs are revenue and protective. goods and services. comparative and absolute. general and limited.

Explanation:

Tariffs are taxes on imported/exported goods. Revenue tariffs are imposed primarily to generate government income, while protective tariffs are designed to shield domestic industries from foreign competition by making imported goods more expensive. The other options are incorrect: "goods and services" refers to categories of economic output, not tariff types; "comparative and absolute" are theories of trade advantage; "general and limited" do not describe the core basic tariff categories.

Answer:

A. revenue and protective.