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imported goods such as trading and imports
Wiki User
∙ 14y ago
Wiki User
∙ 14y agoimports
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What is a tariff desinged to do?
A tariff is a tax or duty on a particular item or good. In general terms, tariffs exist due to various reasons. Some tariffs are placed simply to earn money for the government. Businesses wishing to import or export goods have to pay the tariffs or else risk legal problems with that government. Other tariffs exist as a form of protectionism, which ensures that domestic industries generate profitable amounts, in terms of importing goods. Tariffs also exist with the goal of protecting consumers. A government may levy a tariff on products that it feels could endanger its population.
Why did Governor Hayne of The North higher tariffs because tariffs . The South higher tariffs because tariffs South Carolina favor states' rights?
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Which groups tended to favor tariffs?
Northern industrialists favored tariffs.
Who would be hurt by most tariffs?
Southern farmers, because sales of cotton would go down
How did reformers differ from the republicans on the issue of high tariffs?
The republicans supported higher tariffs while the reformers within the GOP supported lower tariffs. Reformers believed that high tariffs actually helped trusts.
What are taxes on imports and exports called?
Taxes that are placed on imports and exports are referred to as tariffs. A debate exists regarding whether or not high tariffs help or hurt a nation's economy.
Why were tariffs placed on goods imported from non ecc countries?
i dont even know
What act placed tariffs on coffee wine and other major exports in 1764?
Sugar Act
Sugar act of 1764?
The Sugar Act of 1764 placed tariffs and duties on goods imported into the colonies by England.
What are tariffs and how do countries use them?
A: A tariff is a tax that is placed on an imported good, they use tariffs because imported goods have a tax so citizens are more likely to purchase that countries goods for the cheaper price. -BrockChloe
The two basic types of tariffs are?
two basic types of tariffs are: 1.Most-Favoured 2.Prefernetial
What is the purpose of tariffs placed on some imported goods?
To protect Northern factories pre-civil war, from going out of buissness.
Why is it difficult to Control consumer prices when selling overseas?
it often difficult due to tariffs placed on import to the other country
What is a major goal of most tariffs?
Tariffs are imposed to discourage people from choosing imported goods over domestic goods.
Most tariffs in the 19th century were intended to?
Most tariffs in the 19th century were intended to raise revenue and protect domestic manufacturing
What are the positive and negative effects of tariffs?
Tariffs, or taxes on foreign imports, can be helpful to a country's economy by blocking competition from other countries. However, often when one country places a tariff on foreign goods, the country places its own tariff on the first country. Tariffs are not appreciated by the country on which it is being placed.
Why did trade increased during the Pax Romana?
because there were no tariffs placed on goods brought into country. The Mediterranean was cleared of pirates, making it safe for trade and travel
