A tax on automobiles imported into the United States that raises prices on imported vehicles to make the price of cars produced in the United States more competitive is a(n) ; a tax on all oil imported into the United States, which is implemented to raise money for the U.S. government, is a(n) tariff.

A tax on automobiles imported into the United States that raises prices on imported vehicles to make the price of cars produced in the United States more competitive is protective tariff; a tax on all oil imported into the United States, which is implemented to raise money for the U.S. government, is Revenue tariff.

Explanation:

Protective tariff:

Protective tariff is understood by the tariffs that are enacted by the government with a motive to promote and protect the domestic industries.

In protective tariff, government allocates higher tax rate for the products that are imported from foreign countries when the same product is produced in the country.

This helps the domestic industries to compete with the foreign industries.

Government also can provide protection to domestic industry as well as collect more revenue due to this tariff.

Revenue tariff:

Revenue tariff is the tariff imposed with a motive to collect revenue by the government.

By imposing revenue on imports and exports, government collects revenue which can be used in development, service and defense of the country.