JAMB - Commerce (1994 - No. 10)
Governments impose import duties for the following reasons EXCEPT
to raise revenue for other services
to act as a retaliatory measure against other governments
to discourage the redistribution of income at home
to protect home industries from external competition
Explanation
Import duties are typically imposed to raise revenue, protect domestic industries, and sometimes as a retaliatory measure against other countries. However, discouraging income redistribution at home is not a primary objective of import duties.
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