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Why would different sections of the country react differently to a tariff?
Wiki User
∙ 11y ago
It helped the economies of some sections more than others.
Wiki User
∙ 11y ago
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What is a tax placed on goods from another country to protect the home industry?
protective tariff
What things have tariffs?
A tariff may be applied by a country A on a product P which is imported from country B. Different countries have different rules about whether or not they impose tariffs depending on the product and partner country. The question, therefore, needs to be more specific.
What is the difference between a tariff and protective tariff?
A tariff is a tax on imports A protective Tariff is a tax on imports to protect an industry in your country by making the imported goods more expensive and less attractive to the consumer. A successful use of this can be seen in the history of Harley Davidson Motorcycles.
What is the tariff that southerners viewed as helping the north at the south's exspense?
Tariff of Abominations
The tariff of 1828 was commonly referred to?
The Tariff of Abominations
How might a country react to another country's protective tariff?
Sometimes a country suffering from a protective tariff will enact a tariff of its own on a product.
What is a tax placed on goods from another country to protect the home industry?
protective tariff
Raising the duty on a tariff would negatively affect which sections the most?
west and south
What is the import tariff percentage in India 2011?
The import tariff percentage in India 2011 depends on what goods you are about to import. There are different tariff for different goods.
What things have tariffs?
A tariff may be applied by a country A on a product P which is imported from country B. Different countries have different rules about whether or not they impose tariffs depending on the product and partner country. The question, therefore, needs to be more specific.
Retaliatory tariff is?
A retaliatory tariff is a tax that is imposed by one country because Another Country increased their tax rate. This is an act that is done in retaliation.
What are types of tariff with an example of its use?
Revenue tariff: A 5% tariff on sugar to generate public revenue; Protective tariff: A 50% tariff on sugar to keep domestic sugar producers in business; Retaliatory tariff: A 500% tariff on sugar to reply to a high tariff imposed by another country. or sales tax- 8% charged on purchases of luxury goods excise tax- 20% tax charged on each pack of cigarettes capital gains- 15% charged on profits from selling commodities or revenue tariff- a 6% tariff on oranges to provide money for the government protective tariff- a 50% tariff on oranges to shield domestic orange growers from international competition retaliatory tariff- a 200% tariff on oranges to reply to a high tariff imposed by another country
What did the tariff of 1816 help finance?
he changed the country
What is a fee a country charges on exports and imports?
It is tariff.
A tax on products being brought into the country.?
tariff
How does a tariff help a country's Gross domestic product on imports?
A tariff adds value to the Gross Domestic Product on imports.
What is a tax placed on imports or exports by a country's government?
Tariff
