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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 else can I help you with?
What is the plural of the word tariff?
The plural form of the noun 'tariff' is tariffs.
What happened to tariffs during McKinleys presidency?
the tariffs increased:]
Northern and southern Farmer's Alliance had different views on?
protective tariffs - apex
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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Did Democrats want low tariffs?
No, Democrats Wanted High Tariffs, while Republicans wanted High Tariffs
What was Jackson's view on tariffs?
he really enjoyed licking the tariffs
Was the south in favor of tariffs?
No; the South depended on exporting cotton and US tariffs would have invited tariffs in the countries to which they exported.
What happened to tariffs during McKinley' s presidency?
the tariffs increased:]
Why did government pass tariffs?
the government passed tariffs to raise taxes
Why did the southerners oppose the tariffs?
the tariffs did not benfit trade in southern cities.
Which groups tended to favor tariffs?
Northern industrialists favored tariffs.
How did Southern States feel about Tariffs before the civil war?
They hated tariffs. All they were making was cotton. Tariffs increased the cost of imports.
