Protective tariff against Jefferson

Anonymous

∙ 8y ago

Updated: 2/2/2022

Yes, Thomas Jefferson WAS AGAINST it. Both Jefferson and Madison opposed this protectionist economic policy, fearing that industries would become too dependent upon government aid.

Kaylin Heller ∙

Lvl 13

∙ 3y ago

What else can I help you with?

Was Thomas Jefferson for the protective tariff?

Was Jefferson against Protective tariff?

Yes, Thomas Jefferson WAS AGAINST it. Both Jefferson and Madison opposed this protectionist economic policy, fearing that industries would become too dependent upon government aid.

What is a tax placed on goods from another country to protect the home industry?

protective tariff

What was the high tariff to limit foreign competition?

A high tariff to limit foreign competition is called a protective tariff.

How might a country react to another country's protective tariff?

Sometimes a country suffering from a protective tariff will enact a tariff of its own on a product.

A protective tariff is intended to protect the?

...national industrial base against cheap foreign imports.

What was the nickname that southerns gave to a protective tariff they opposed?

Tariff of abominations

What was High tariff to limit foreign competition?

A high tariff that limits foreign competition is a protective tariff.

First protective tariff?

1816

The purpose of a protective tariff?

tax

Was Hamilton for protective tariff?

yes he was

What is specialization restricted by in the global economy?

Protective tariffs

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