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High tariffs raise the prices of ________, making ________ more attractive to the consumer.?
imported goods; domestic products
What else can I help you with?
Did progressive presidents have tariffs?
No. Tariffs are not considered to be propressive. They drive up consumer prices and mostly benefit manufacturers and investors.
How did tariffs hurt many Americans?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
How did high tariffs hurt Americans?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
How did high tariffs hurt many American?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
What purposes do tariffs serve?
Tariffs are fees or taxes collected on imported goods. They serve as a source of revenue and also have the effect of raising the prices of such imported goods thus making similar internally produced goods more attractive . They also tend to decrease the overall volume of the imports to which the tariffs are applied and this may help with a balance of payments problem.
How many high tariffs hurt many Americans?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
What are tariffs for?
Tariffs are fees or taxes collected on imported goods. They serve as a source of revenue and also have the effect of raising the prices of such imported goods thus making similar internally produced goods more attractive . They also tend to decrease the overall volume of the imports to which the tariffs are applied and this may help with a balance of payments problem.
What are 'tariffs'?
Tariffs are fees or taxes collected on imported goods. They serve as a source of revenue and also have the effect of raising the prices of such imported goods thus making similar internally produced goods more attractive . They also tend to decrease the overall volume of the imports to which the tariffs are applied and this may help with a balance of payments problem.
Why is it difficult to Control consumer prices when selling overseas?
it often difficult due to tariffs placed on import to the other country
How did protective tariffs impact the U.S. farmer?
It allowed the US farmer to keep making money at the expense of the US taxpayer. Keeping prices artificialy low in order to protect votes leads to the protection of ineficiency which is ultimately paid for by the consumer.
What are the disadvantages and advantages of tariffs?
Tariffs can protect domestic industries by making imported goods more expensive, which can lead to increased local production and job creation. However, they can also raise prices for consumers and lead to retaliation from trading partners, resulting in trade wars. Additionally, tariffs may disrupt supply chains and limit choices for consumers. Overall, while tariffs can support specific sectors, they may harm the broader economy and consumer welfare.
What is the purpose of a Tariffs?
to increase the prices'
