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One effect of high American tariffs caused foreign trade to almost stop. This had other countries angry with the US, which caused them to stop buying US goods and they raised their tariffs, which had a effect on the American economy.
Wiki User
∙ 9y ago
Wiki User
∙ 10y agoAmerican businesses faced decreased profits.
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Why did Adams want to pass a tariff om imported manufactured?
Answer this question… The British were charging high tariffs on imported American goods in England.
How do high tariffs help America?
High tariffs are supposed to help the American economy because they place taxes on imported goods. Tariffs promote the purchasing of American-made goods because they are sold at a lower price, without the tariff. Also, if people decide to buy foreign goods instead, then the government makes money from the tariffs that were paid.
How did hamilton plan to protect US merchants?
Hamilton planned to protect the US merchants by imposing high tariffs on imported goods. This in turned would cause Americans to buy goods made in the US.
What were some of the effects to tariffs in the 18oos?
High tariffs were opposed in the south because the south didn't have factories like the north so they had to import their manufactured goods unlike the north who already had them. The north supported high tariffs because it protected their workers and because they didn't need manufactured goods to be imported because they had factories that supplied their manufactured goods.
What would be a likely long term benefit of a country imposing high tariffs on imported goods?
By making tariffs you support businesses and people to buy domestic goods that makes the country strongest and the goods that are necessary to import you make money on , go to http://bussinessmouse.googlepages.com
Which factor did not contribute to Frances prerevolution debt?
high tariffs on imported goods.
Why do high tariffs restrict international trade?
Tariffs are fees excised on goods coming into a country. As a result, traded goods cost more when there are high tariffs, and this limits their sale.
Why did Adams want to pass a tariff om imported manufactured?
Answer this question… The British were charging high tariffs on imported American goods in England.
High tariffs raise the prices of ________, making ________ more attractive to the consumer.?
imported goods; domestic products
Why do high tariff levels restrict international?
Tariffs are fees excised on goods coming into a country. As a result, traded goods cost more when there are high tariffs, and this limits their sale.
Did high tariffs hurt or help the American economy in the late 1800s?
American-made goods were less expensive than similar imported goods.
How do high tariffs help America?
High tariffs are supposed to help the American economy because they place taxes on imported goods. Tariffs promote the purchasing of American-made goods because they are sold at a lower price, without the tariff. Also, if people decide to buy foreign goods instead, then the government makes money from the tariffs that were paid.
Why do high tariff levels restricted international trade?
Tariffs are fees excised on goods coming into a country. As a result, traded goods cost more when there are high tariffs, and this limits their sale.
How did the north and south differ in their beliefs about tariffs on imported goods?
The South was primarily based on cotton monoculture done by slaves, which were sold to Europe for money. The Southern farm owners grew there cotton was in favor of slavery and low tariffs on import goods. The North was based on grown grains, shipbuilding and transportation, making the North high tariffs on importing goods.
How did hamilton plan to protect US merchants?
Hamilton planned to protect the US merchants by imposing high tariffs on imported goods. This in turned would cause Americans to buy goods made in the US.
What were some of the effects to tariffs in the 18oos?
High tariffs were opposed in the south because the south didn't have factories like the north so they had to import their manufactured goods unlike the north who already had them. The north supported high tariffs because it protected their workers and because they didn't need manufactured goods to be imported because they had factories that supplied their manufactured goods.
What was George Hicks opinion on the national government passing high tariffs?
tarrifs are taxes on IMPORTED goods. He agrees with the national government passing high tarrifs because he has strong business interests
