Protective tariff. These types of tariffs are placed by the government on goods that are imported in an effort to protect the countries specific trade on that good. This tariff raises the price of an imported good so high that others will turn to the local countries good instead.
^No. Incorrect. Falso.
a protective tariff is designed to protect a domestic industry (which is what the above answer talked about). A revenue tariff is used to raise money for the government
Protective tariff. These types of tariffs are placed by the government on goods that are imported in an effort to protect the countries specific trade on that good. This tariff raises the price of an imported good so high that others will turn to the local countries good instead. ^No. Incorrect. Falso. a protective tariff is designed to protect a domestic industry (which is what the above answer talked about). A revenue tariff is used to raise money for the government
Revenue tariff - Earn Money for the Government Protective Tariff - Help domestic producers Retaliatory tariff - engage in a trade war
Tariff.
The government is undertaking a contractionary policy.
A type of legislation that does not come with money from the government
they collect can good and trade them in for cartoned milk Type your answer here...
Agricultural
A type of tax charged on imports
A representative type of government was established in Jamestown. It was originally set up as a money making charter colony.
Concurrent Powers
Usually governments do not impose trade barriers on exports, since the country gains money on exports. However, governments do impose tariffs as a mechanism to control imports from other countries. Usually they impose a tariff on products that are much less expensive if they are imported rather than if they are produced domestically. By imposing the tariff they increase the price of the imported good, and give the domestic producers of that good a better chance to sell their product. For example, textiles from China cost a lot less than textiles made within the United States. The United States government could impose a tariff on the Chinese textile imports which would raise the price of these products. The domestic producers would then have a more level playing field to sell their own textiles in the United States market. If the tariff was not introduced then the Chinese textiles would be inexpensive compared to the domestically produced textiles, and consumers in the States would by the Chinese made textiles.
business interest group