What is the purpose of 'customs duty' in international trade?

PYQ SSC JE (Junior Engineer) 2024

What is the purpose of 'customs duty' in international trade?

  1. A.

    To encourage unlimited imports

  2. B.

    To protect domestic industries by taxing imports

  3. C.

    To standardise products internationally

  4. D.

    To regulate the export of goods

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