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What is a tax on imports designed to keep out foreign competition?
Wiki User
∙ 11y ago
tariff
Wiki User
∙ 11y ago
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How can you use trade barriers to protect national industry?
Trade barriers or tariffs can protect a national industry by restricting unfair foreign competition. This in turn will protect the economy and keep jobs available for the citizens.
What happens if competition decreases in a certain industry?
Competition helps to keep the quality high and prices down. If competition decreases, the quality can go down and the prices can go up in that industry.
What purpose does competition serve in the free market?
to keep monopoly's from happening
Competition among producers helps keep prices down?
marketing
How did Britain attempt to keep its industrial monopoly?
increase tarrifs to keep out foreign manufactored goods!
Is a tax on imports designed to keep out foreign competition?
tariff
Was The Alien and Sedition Acts were designed to keep the number of foreign immigrants to the US to a minimum?
Fo sho brotha.
The Alien and Sedition Acts were designed to keep the number of foreign immigrants to the US to a minimum.?
Fo sho brotha.
Why limiting import is detrimental to domestic customers?
Limiting imports impact domestic customers because they have less selection of products, as well as less competition. A lack of competition can cause higher prices since businesses have little incentive to keep prices low when there are fewer businesses to compete with.
Can competition be prevented?
No, competition can not be prevented. Competition is a part of life that helps to keep businesses going strong.
Where is the wall that was not designed to keep people out?
A prison wall, which is designed to keep people in.
How can you use trade barriers to protect national industry?
Trade barriers or tariffs can protect a national industry by restricting unfair foreign competition. This in turn will protect the economy and keep jobs available for the citizens.
Where does Pier 1 Imports keep their furniture on sale?
Pier 1 has retail stores all across North America to keep their furniture for sale. Pier 1 Imports offers the most unique, colorful, and one of a kind gifts.
What happens if competition decreases in a certain industry?
Competition helps to keep the quality high and prices down. If competition decreases, the quality can go down and the prices can go up in that industry.
What purpose does competition serve in the free market?
to keep monopoly's from happening
Competition among producers helps keep prices down?
marketing
Who is a competition secretary?
a person who keep record about everything that happen in the game
