To protect its domestic automotive industry, the United States enacts a(n)protective tariffby taxing imported automobiles to make the price of U.S.-produced cars more competitive; while also enacting a(n)revenue tariffby taxing imported oil for the purpose of raising money for the U.S. government.What is difference between revenue tariff and protective tariff?Arevenue tariffis a tax imposed on imported goods to raise government revenue. It is typically designed to be neutral and does not provide a competitiveadvantagefor domestic goods over imported goods.While aprotective tariffare tax imposed on imported goods to protect domestic industries from foreign competition. It raises the price ofimportedgoods, making them less competitive with domestic goods, and thus protects domestic producers.In summary, arevenue tariffis primarily aimed at generating government revenue, while aprotective tariffis primarily aimed at protecting domestic industries from foreign competition.Read more abouttariffbrainly.com/question/1172085#SPJ1...

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