IDNLearn.com makes it easy to find the right answers to your questions. Ask anything and receive comprehensive, well-informed responses from our dedicated team of experts.
It should be noted that Revenue tariffs are designed simply to raise money for the government; ; while protective tariffs, such as taxes on solar panels, are designed to raise the price of imported goods to make domestic goods more competitive.
A "revenue tariff can be regarded as set of rates which is been put in place to raise money for the government.
Therefore, protective tariffs, such as taxes on solar panels, are designed to raise the price of imported goods.
Learn more about Revenue tariffs at:
https://brainly.com/question/16057203