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Even though bananas are not grown in the US a tariff is applied to them when they are imported to the US what is the purpose of this tariff?
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What would the US most likely do in order to help the us consumers of bananas?
B. eliminate the tariff on bananas imported from Ecuador
What was the purpose of the tariff on imported imports?
It was to protect the US's economy. They anted people to by their stuff, not foreign things.
What would happen if the EU put tariffs on bananas?
Tariffs are forms of proctectionism or trade barriers. By imposing tariffs, it can affect the market for bananas in EU and also the country which it imports from. From my understanding, there can be many effects from the tariffs and it can be analysed from a very complicated perspective using graphs. Generally, the buyers in EU will face a higher price of imported bananas, while the sellers in EU can benefit from the tariff, as more can be sold by the domestic seller to the domestic buyer. A tariff increases the price of the imported bananas as it's a cost to the importer. A tariff imposed will also mean that there is a tax revenue from the tariff to the EU government. For exporter of bananas to EU, they experience higher cost, and unfair trade practices. Hope this helps (cheong@bgymail.gd.cn)
What is a specific example of revenue tariff?
An example of a tariff would be a tax that is collected on items that are imported into a country. Beef from other countries is sometimes taxed as it is imported into the United States to keep the US beef industry more profitable.
Which words describes a tax paid on imported goods?
Tariff best describes a tax paid on imported goods.
What is a mean tariff?
A tariff is a tax or fee on imported and exported goods
What is para tariff?
A charge on an imported good instead of, or in addition to, a tariff.
Why were merchants in the east in favor of a tariff of a tariff on imported manufactured goods?
It increased the demand for American goods because the tariff made the imported goods more expensive.
A tax on imported goods?
tariff. i hope you get it right!aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaarrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrgggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggghhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh!
What did tariffs do?
The purpose of a tariff is to restrict trade. They make the price of imported goods and services higher, causing them to be more expensive to buyers.
Tariff of 1833?
tax on imported goods
What is a tariff tax charged on?
imported goods
