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What is the term for a tax that makes goods imported by a country more costly than similar goods produced within that country?
Wiki User
∙ 15y ago
A protective tariff.
Wiki User
∙ 15y ago
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Can pomegranates be purchased out of season?
You have to buy fruit produced in a hothouse (heated greenhouses), or imported from another country where the fruit is in season.
What are the benefits of using tariffs over taxes to generate revenue for the government?
There are pluses and minuses in using tariffs for revenue to operate the government. Firstly, tariffs would not be enough to cover the cost of running a government in most cases. Secondly, if Country A places tariffs on goods being imported into their country, then all other Countries will also place such tariffs on goods imported into their Countries from Country A. These costs will of course be passed on to the purchasers of these imported goods inside all the Countries so the costs will still be passed on the people as they buy goods. One good outcome is it will make Country A's goods produced in Country A more competitive for the buyers within Country A. But it will also make their exported goods more costly in other Countries when they try to sell them there. And around and around we go.
Why are the vegetables in Kuwait so expensive?
The climate and soil in Kuwait are not well suited to horticulture. Almost all vegetables are imported, many by air. This is costly.
For what country did Carlo Costly play in the 2014 FIFA World Cup?
Carlo Costly played for Honduras in the 2014 FIFA World Cup.
WHAT IS THE VALUE OF A 90S FENDER MEXICAN STRATOCASTER GUITAR?
it depends if it was mass produced or not. hand crafted stratocasters are very costly
Three main components of the American system?
establish a protective tariff, a tax on all imported goods that made European goods more expensive establish a national bank with one currency improve the country's transportation systems poor roads made transportation slow and costly
Is there any disadvantage to a governmeant placing a tariff on imported goods?
Tariffs on imported goods may cause economic problems. One problem is that it makes the price of imported goods for persons wishing to buy them more expensive. Another problem is that domestic industries protected by tariffs can over price their products to a level just below the price of the tariff stricken imported products. Additionally, protected domestic industries are less likely to invest in technology to make their products more efficient and less costly.
What is the superlative for costly?
The superlative for costly is "most costly" or "costliest."
Which place is more costly - Dubai or doha?
lol afcourse doha qatar! qatar is the 2nd richest country in the world !
Is costly an adjective?
Yes, costly is an adjective. E.g. It was a costly mistake. (One that was expensive to fix, or that led to other bad consequences.)
Synonyms of expensive?
Costly.
Did the ancient Romans use cotton?
The ancient Romans were aware of cotton, but it was a very expensive fabric, ranking in price about the same as silk. In ancient times almost all of the cotton was produced in today's country of Pakistan. At that distance, it was quite costly to import into the Roman empire and only the extremely wealthy could afford it.
