answersLogoWhite

0

They made American goods cheaper than imported goods A protective tariff is a duty imposed on imports to raise their price, making them less attractive to consumers and thus protecting domestic industries from foreign competition.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

What affect did the protective tariffs have on the American economy?

Protective tariffs had a few effects in the American economy. The main effect that it had was pricing.


What effect did protective tariffs have on the American economy?

They made American goods cheaper than imported goods


What effect did protective tariffs on the American economy?

They made American goods cheaper than imported goods


What effect did protective tariffs have on American economy?

They made American goods cheaper than imported goods


What was one result of high US tariffs on imported goods?

One effect of high American tariffs caused foreign trade to almost stop. This had other countries angry with the US, which caused them to stop buying US goods and they raised their tariffs, which had a effect on the American economy.


What are the market........?

Supply, demand, capital, labor--laws. Tariffs and taxes have an effect on the economy, too.


What are the market forces?

Supply, demand, capital, labor--laws. Tariffs and taxes have an effect on the economy, too.


What effect did the Embargo Act have on American economy?

amost destroyed american economy


How do government implemented tariffs effect the ecomomy?

Government-implemented tariffs can impact the economy by increasing the cost of imported goods, which can lead to higher prices for consumers and reduced purchasing power. While tariffs may protect domestic industries from foreign competition, they can also result in trade retaliation and decreased exports. Additionally, tariffs can disrupt supply chains, leading to inefficiencies and potential job losses in affected sectors. Overall, the net effect of tariffs on the economy can vary, often depending on the specific industries and the broader economic context.


How did high US tariffs effect the economy during the 1920s?

Foreign countries could not afford to buy U.S. exports or repay U.S. loans.


What effect did protective have on American economy?

They made American goods cheaper than imported goods


What effect did the protective tariffs have on goods exported by the south?

it depends what tariffs and when but, i if you are referring to after the revolutionary war, then the effect was the whiskey rebellion.