Combine the concepts of tariffs and international trade to explain how tariffs can influence global market dynamics.

• A. Tariffs only affect domestic markets and have no international implications.
• B. Tariffs can alter global market dynamics by increasing the cost of imports, thus affecting trade balances and international relations.
• C. Tariffs decrease the cost of imports, promoting free trade.
• D. Tariffs have no impact on global market dynamics.

Answer: (B)