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What else can I help you with?
What is specialization restricted by in the global economy?
Protective tariffs
What was High tariff to limit foreign competition?
A high tariff that limits foreign competition is a protective tariff.
How would you match each type of tariff A revenue tariff B protective tariff with its purpose C retaliatory tariff 1 earn money for the government 2 engage in a trade war 3 help domestic producers?
Revenue tariff - Earn Money for the Government Protective Tariff - Help domestic producers Retaliatory tariff - engage in a trade war
High tariff to limit foreign competition?
A high protective tariff can limit foreign competition.
What is intended to protect domestic industry?
PROTECTIVE tariff
What is specialization restricted by in the global economy?
Protective tariffs
Who opposed the '' Tariff of Abominations''?
Vice Presiden John C. Calhoun, along with various southern states, opposed the tariff, believing it to be unconstitutional, favoring one sector of the economy over another. They felt the protective features on tariffs were harmful to southern agrarian interests.
Why did both the north and south get angry about the tariff of abominations?
It would increase the rate of everything they bought
What is a protectice tariff?
a protective tariff is a tariff set by the government that is at least 25% tax, this is supposed to protect our county's economy by taxing all imports.
Southern planters objected to the tariff because it?
The southern states were opposed to the tariff of 1828 because it raised prices on imported goods, which the southern states could not produce on their own, and it hurt trade with England, which the southern states depended upon. The southern states blamed the tariff for favoring the northern industrial economy over southern agriculture.
Why did Southern planters object to the protective tariff of 1816?
Southern Planters apposed the tariff of 1816 because it made products more expensive. It made cheap English products around the same price as American ones to protect American manufacturing. Due to the rise in prices the South apposed this tariff because it only made losses for them due to their majority of agriculture as a method of making money.
What is the protective tariff of 1816?
The protective Tariff of 1816 is also known as the Dallas Tariff. It is noteworthy because it marks the first time that congress passed a tariff to protect American manufacturers instead of just to raise money.
What is a tax placed on goods from another country to protect the home industry?
protective tariff
What was the high tariff to limit foreign competition?
A high tariff to limit foreign competition is called a protective tariff.
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.
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.
What was the nickname that southerns gave to a protective tariff they opposed?
Tariff of abominations
