International Economics

Governments can increase revenues with either taxes or tariffs. Why would a government prefer tariffs? (select all that apply) Sometimes part of the tariff revenue is paid by foreigners O Tariffs can sometimes improve domestic welfare if there is no retaliation from other countries ) Tariffs can be easily collected at ports of entry le O Tariffs are easier to collect than income taxes. General income taxes have a larger deadweight loss than tariffs. O) Domestic consumers will always pay for all of the tariff revenue. O Imposing tariffs is good for international relations