answersLogoWhite

0


Best Answer

Secretary of the Treasury, Alexander Hamilton sought to raise prices on foreign goods by applying tariffs that made those products more expensive than their American counterparts. He believed it was essential to put American companies at the advantage, and by increasing their cost, make European goods look less attractive to citizens.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How did Alexander Hamilton propose to raise prices on foreign products How did he do so?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How did Alexander Hamilton propose to raise prices on foreign products why did he do so?

ummm i forgot but if you ask the quetion another time i will remember sorry


How did Hamilton propose to encourage Americans to support local manufacturing?

Hamilton's main purpose and method of encouraging the growth of domestic business is by imposing tariffs on manufacturing foreign products across the world.


How did Alexander Hamilton propose to deal with the problem of 12 million of debt the US borrowed from the foreign nations during the revolutionary war?

issue new bonds and guarantee payment


How did Alexander Hamilton propose to handle the nation's finances?

Hamilton called for the creation of a national bank to manage the country's finances.


Did Alexander Hamilton propose in the constitutional convention that the president and senators serve life terms?

True.


Why did Alexander Hamilton propose a meeting of the delegates?

To discuss trade issues and to consider changing the Articles of Confederation.


What did hamilton propose for a banking system?

answer


What did hamilton propose to help erase the nation's debt?

Alexander Hamilton drafted his First Report on the Public Credit to outline a plan for eliminating the national debt. He did this at the request of Congress in order to pay of the debt and establish national credit.


Can the president approve a foreign treaty?

No. He can make and propose a treaty but it must be approved by congress.


Why did Alexander Hamilton propose paying the entire national debt at it's face value?

To restore the nation's economic credit so that the government could raise money in the future.


Alexander Hamilton propose fix the economic problems?

Alexander Hamilton wrote a very important document to make a new law that everyone would have to suck his toes. Everyone hated the idea at first however some people found that mayo made his toes taste so much better. To this day on March 23 is National Suck Toes Day!! who's down to suck my toes?? Just kidding i suck my own toes! This clearly shows I have to much time on my hands... That's sad :(


How did hamilton propose to repay?

Hamilton proposed an excise tax to repay the national debt by setting up a national bank. The opposition was that taxing was giving the federal government too much power and a National Bank was unconstitutional.