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so that the government doesn't have to get imported goods that are all nasty.

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14y ago

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Related Questions

what is a tax use to regulate trade?

a tariff


How would you use tariff in a sentence?

During the Tea Act, colonists were forced to pay a tariff on the tea that they bought.


Who can you use the word tariff in a sentence?

During the Tea Act, colonists were forced to pay a tariff on the tea that they bought.


Match each type of tariff with an example of its use. A.Revenue tariff A 50 tariff on sugar to keep domestic sugar producers in business B.Protective tariff b A 5 tariff on sugar to generate public?

A revenue tariff is exemplified by a $5 tariff on sugar to generate public revenue, as it aims to raise funds for the government. In contrast, a protective tariff is represented by a $50 tariff on sugar to keep domestic sugar producers in business, as it is designed to shield local industries from foreign competition.


What is the difference between a tariff and protective tariff?

A tariff is a tax on imports A protective Tariff is a tax on imports to protect an industry in your country by making the imported goods more expensive and less attractive to the consumer. A successful use of this can be seen in the history of Harley Davidson Motorcycles.


What are types of tariff with an example of its use?

Revenue tariff: A 5% tariff on sugar to generate public revenue; Protective tariff: A 50% tariff on sugar to keep domestic sugar producers in business; Retaliatory tariff: A 500% tariff on sugar to reply to a high tariff imposed by another country. or sales tax- 8% charged on purchases of luxury goods excise tax- 20% tax charged on each pack of cigarettes capital gains- 15% charged on profits from selling commodities or revenue tariff- a 6% tariff on oranges to provide money for the government protective tariff- a 50% tariff on oranges to shield domestic orange growers from international competition retaliatory tariff- a 200% tariff on oranges to reply to a high tariff imposed by another country


The Tariff of 1828 was known throughout the South as the tariff of?

Abomination.


How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?

Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?" Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?" Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?"


How do you use tariffs in a sentence?

I have a list of tariffs to do everyday when I get home from school.


What is tarrif and non-tarrif?

A tariff is a tax imposed on imported goods and services. Non-tariff barriers are restrictions other than tariffs that countries use to control international trade, such as quotas, licensing requirements, and technical standards. Both tariff and non-tariff barriers can limit the flow of goods between countries.


What was the high tariff to limit foreign competition?

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


What is the full form of tariff?

TARIFF