0
Pros:
Keeps jobs in your country
Brings jobs back to your country
Creates new jobs in your country
Keep your capital in your country
Foreign capital is spent in your country
The people with the jobs spend their income on houses, products, services and pay taxes.
Minimizes the expense of unemployment and social welfare
Encourages other industries to build around/near your factories
Creates additional streams of income to the government
Cons
Consumer might spend more on the tariffed item
Foreign countries might respond with tariffs on your goods.
Local companies might make huge profits
Local companies might not make a bad product
Local companies might not improve the product
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Pros and cons of annexation of Hawaii?
pros- new territory and sugar cons- new territory means less tariffs
The pros and cons of physiocrats?
pros and cons of physiocrats
Pros and cons of jury selection?
what were the pros and cons for the nulification
What is pros and cons of the Oregon Trail?
pros an cons of the Oregon trail
What are the pros and cons of monarchy?
pros: goodness cons: badness
What are the pros and cons of evidence based policing?
pros are + and cons are-
List pros and cons of video games?
PROS CONS ----------------------------------------------------- Pros: Entertaining Cons: Mental conditions can be caused, Adicition, Expensive.
Pros and cons of pornography?
Cons? What Cons?
What are the pros and cons for being a architect?
what are the pros and cons of being an architect
Pros and cons of transformational leadership?
What are the pros and cons of transformational leadership?
What is the pros and cons of working as a jeweler?
pros= nothing cons=everything
The pros and cons of fascism?
Pros of fascism: centralized authority can lead to efficient decision-making and implementation of policies, promoting national unity and stability. However, cons include suppression of individual freedoms, lack of political diversity, and the potential for authoritarianism to lead to abuse of power and human rights violations.
