Home produce refers to goods that are made or grown within one's own country, while foreign produce refers to goods that are made or grown in other countries.
Cottage Industires.
used families working at home to produce goods
Items brought into a country from another country are foreign goods.
a tax on goods that are traded within the home country (a tarriff is a tax on a good from foreign trade.) =)
they let the customers and citizens decide.
Cottage Industires.
used families working at home to produce goods
Items brought into a country from another country are foreign goods.
Foreign goods are more expensive to purchase. The extra cost from purchasing foreign goods comes from the shipment of the goods over long distances.
Americans produce in foreign markets
a tax on goods that are traded within the home country (a tarriff is a tax on a good from foreign trade.) =)
Yes, China did produce goods.
they let the customers and citizens decide.
It is the foreign demand for domestic goods and services.
China produces almost all toys used in the US. they are considered the "world's factory" for that reason-reduced costs.
Goods are bought from suppliers from foreign countries. Then a customs tax is paid as the goods a brought (by air/land/sea) into the country
An import tariff increases the sale price of foreign-made goods.