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What tariff is designed to raise the price of imported products so that domestic goods are more competitively priced?
Wiki User
∙ 12y ago
Protective tariff
Wiki User
∙ 12y ago
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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 Imported duties?
Taxes that is added onto imported products
What is the purpose of protectionist trade policies such as tariffs and subsidies?
They allow producers to sell their products more cheaply than foreign competitors... apex
How do nations typically use tariffs and quotes and sanctions and embargoes?
They use import tariffs so people are more likely to Why_do_countries_use_import_quotas_and_tariffsdomestic products since the tariff increases the price on imported goods. Putting a quota on a good creates a shortage, which causes the price of the good to increase and makes the imported goods less attractive for buyers. This encourages people to buy domestic products.
What products are exported and imported into this country?
You'll have to specify what country you are referring to.
High tariffs raise the prices of ________, making ________ more attractive to the consumer.?
imported goods; domestic products
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.
Does CPI only count domestic goods?
Consumer Price Index, or CPI, is a measure of changes in the purchasing power of a currency and the rate of inflation. It also considers imported goods, as well as domestic products.
What products are imported to Canada from french speaking?
products imported to Canada by french countries
Which agency inspects and grades domestic and imported fish and fish products prior to sale?
The NMFS plus you shouldnt look up dunkin brands questions
What products are imported from Israel?
Products imported from Israel include machinery, software, cut-diamonds, chemicals, and agricultural products.
What is Imported duties?
Taxes that is added onto imported products
What products are imported to the US?
a lot of different foods and toys are imported.
What government actions would violate the principles behind GATT and the WTO?
increasing tariffs on imported goods
What products in Cuba are imported?
Cigars/Tobacco are imported from Cuba, Hope I helped .
Are the products imported into Nicaragua?
caca
Are products from China imported?
Some of them are.
