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to increase the prices'
What else can I help you with?
What is the purpose of high tariffs?
cause
What was the purpose of the general agreement on tariffs and trade?
to expand world trade by reducing tariffs
The purpose of the 1947 GATT was to?
to expand international trade by mutual reduction of tariffs.
Best explains the purpose of protectionist trade policies such as tariffs and subsidies?
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What is the main purpose of tariffs on imports?
Tariffs provide revenue for the country buying the imported goods. If a country wants to export goods to a country, they have to pay a tariff(tax) to be allowed to do so. China pays very low tariffs to the US on the goods they export to us.
What was the purpose of tariffs on manufactured goods and agricultural products in the early history of the US?
To allow American industries to grow..
What is the purpose of tariffs placed on some imported goods?
To protect Northern factories pre-civil war, from going out of buissness.
What did tariffs do?
The purpose of a tariff is to restrict trade. They make the price of imported goods and services higher, causing them to be more expensive to buyers.
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:]
What best explains the purpose of protectionist trade policies such as tariffs and subsides?
They allow their producers to sell products more cheaply than foreign competitors
The purpose and effects of tariffs enacted before the Civil War was?
The purpose was to protect manufacturing industry - nearly all of it being in the North. The South, having almost no manufacturing industry, needed far more imports. So the effects were that the tariffs were seen as a tax on the South, levied by a Northern-dominated Congress. This raised the incentive for the South to break away and live on its massive cotton exports.
