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PROTECTIVE tariff
Agustina Macejkovic
Wiki User
∙ 9y agoA PROTECTIVE tariff is intended to artificially inflate prices of imports and protect domestic industries from foreign competition.
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How import substitution can protect domestic industry?
when i get the ans i'll let u know all
Why a country might favor some sort of trade restriction?
The purpose of trade restriction is to protect some domestic industry from foreign competition.
What do subsidies protect?
Subsidies protect industries or products by providing financial support from the government, lowering the costs for producers and helping them compete in the market. Read more about it: ʜᴛᴛᴘꜱ://ᴡᴡᴡ.ᴅɪɢɪꜱᴛᴏʀᴇ24.ᴄᴏᴍ/ʀᴇᴅɪʀ/372576/ʀɪᴛꜱᴀᴀʀᴛ/
Which is intended to protect competition?
anti-trust laws
How can you use trade barriers to protect national industry?
Trade barriers or tariffs can protect a national industry by restricting unfair foreign competition. This in turn will protect the economy and keep jobs available for the citizens.
What tariff type is used to protect a domestic industry?
A PROTECTIVE tariff is intended to artificially inflate prices of imports and protect domestic industries from foreign competition.
Most tariffs in the 19th century were intended to?
Most tariffs in the 19th century were intended to raise revenue and protect domestic manufacturing
How import substitution can protect domestic industry?
when i get the ans i'll let u know all
Why a country might favor some sort of trade restriction?
The purpose of trade restriction is to protect some domestic industry from foreign competition.
How did Adam smith believe individuals would help their home countries economies without government regulations?
He believed they would prefer domestic industry to foreign industry.
What is the purpose of Subsidies?
To protect domestic producers against international competition
What was Harrison's position on tariffs and what did he do to support that stand?
Harrison favored protective tariffs to benefit American industries and farmers. As President, he signed the McKinley Tariff Act of 1890, which raised tariffs to their highest level in American history. This move was intended to protect domestic industry but led to higher consumer prices and contributed to the economic downturn of the 1890s.
The interstate commerce act was originally intended to regulate what industry?
Its the railroad industry
How has the increased number of domestic airlines effected the development of the aviation industry?
Answering "How has the increased number of domestic airlines effected the development of the aviation industry?"
What are face shields intended to protect you from?
Face shields are designed to protect you from fumes.
What do subsidies protect?
Subsidies protect industries or products by providing financial support from the government, lowering the costs for producers and helping them compete in the market. Read more about it: ʜᴛᴛᴘꜱ://ᴡᴡᴡ.ᴅɪɢɪꜱᴛᴏʀᴇ24.ᴄᴏᴍ/ʀᴇᴅɪʀ/372576/ʀɪᴛꜱᴀᴀʀᴛ/
Is China a threat to Indian domestic Industry?
perhaps
