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What describes a situation that would tend to raise the price of goods?
Wiki User
∙ 8y ago
Scarce natural resources make it more difficult for producers to keep up with demand.
Wiki User
∙ 8y ago
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Tariffs lower the price of foreign goods?
No, the opposite is true. Tariffs raise the price of foreign goods compared to domestic goods. Because of this, tariffs reduce imports.
What tariff is designed to raise the price of imported products so that domestic goods are more competitively priced?
Protective tariff
What cause can lead to a raise in prices?
Price increases can be caused by a variety of factors. One is the cost of raw materials can increase. An increase in the price of gas can also cause goods to increase, because most goods need to be transported.
What is caused by a raise in the price of a product?
The raise in the price of a product causes an increase in competition.
What protects domestic producers from foreign competition?
Tariffs on imports will raise the price of imported goods so that domestic substitutes can be cheaper. Import quotas allows a limited number of imported goods into the country. Trade embargoes is a extreme case where no imports are allowed.
Tariffs lower the price of foreign goods?
No, the opposite is true. Tariffs raise the price of foreign goods compared to domestic goods. Because of this, tariffs reduce imports.
What tariff is designed to raise the price of imported products so that domestic goods are more competitively priced?
Protective tariff
A sale of goods to raise funds?
A sale of goods to raise funds in called a fundraiser.
What cause can lead to a raise in prices?
Price increases can be caused by a variety of factors. One is the cost of raw materials can increase. An increase in the price of gas can also cause goods to increase, because most goods need to be transported.
What does 'jobber price' mean?
Jobber price is what one company would sell their goods to another retail company for. That company would then raise the price on that product and sell it for profit. Margins of profit when selling at jobber price is typically very low, think of it as a wholesale price.
What is caused by a raise in the price of a product?
The raise in the price of a product causes an increase in competition.
What is a sale of goods to raise funds?
This is probably a fundraiser.
What domestic producers from foreign competition?
Tariffs on imports will raise the price of imported goods so that domestic substitutes can be cheaper. Import quotas allows a limited number of imported goods into the country. Trade embargoes is a extreme case where no imports are allowed.
What protects domestic producers from foreign competition?
Tariffs on imports will raise the price of imported goods so that domestic substitutes can be cheaper. Import quotas allows a limited number of imported goods into the country. Trade embargoes is a extreme case where no imports are allowed.
What effect did protecrice tariffs have on the american economy?
They made American goods cheaper than imported goods A protective tariff is a duty imposed on imports to raise their price, making them less attractive to consumers and thus protecting domestic industries from foreign competition.
Why did you raise the price of doxycycline?
I didn't.
What is a sale of goods to raise funds especially for charity?
A funraiser
