0
Tariff of 1816
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What made imported goods more expensive than local goods?
Taxation
Why is a weak pound bad for British shoppers?
exporting goods bad as its more expensive, but buying stuff made in england may be cheaper
Why were merchants in the east in favor of a tariff of a tariff on imported manufactured goods?
It increased the demand for American goods because the tariff made the imported goods more expensive.
Why does a tariff make foreign goods more expensive?
Yes, a tariff is a tax on imported goods. The tax is added to the cost of the goods making them more expensive.
What makes foreign goods more expensive?
Foreign goods are more expensive to purchase. The extra cost from purchasing foreign goods comes from the shipment of the goods over long distances.
Who liked the protective tariff?
The South did not benefit from protective tariffs because most of their goods were bought from England. Northern factory owners, however, had an increase in sales because British goods were more expensive with the tariff.
How did the tariff in 1828 affect people in the south?
People in the south imported goods from Europe a lot. The tarrrif made it more expensive to import goods from out of the country.
Which of the following statements is TRUE about capital goods?
Capital goods are bigger and more expensive than consumer goods.
Why mostly expensive goods carried on the silk road?
Lots of expensive goods were made along the silk road, and with that they would make more money to more people. The silk road was full of different sellers from different places. That's how different materials were spread to different places.
How did British regain their market for manufactured goods in America?
To regain the market for manufactured goods in America the British by reducing the cost of the goods they produced. By reducing the cost of the goods produced the British started making money and export more goods.
Tariffs lower the price of foreign goods so the same kind of goods are produced at home are more expensive?
Tariffs are often used by governments to control the prices of imported goods. They are normally imposed to make products made at home less expensive and thus support domestic manufacturing.
Tariffs lower the price of foreign goods so the same kind of goods produced at home are more expensive?
Tariffs are often used by governments to control the prices of imported goods. They are normally imposed to make products made at home less expensive and thus support domestic manufacturing.
