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PROTECTIVE tariff

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Agustina Macejkovic

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2y ago
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9y ago

A PROTECTIVE tariff is intended to artificially inflate prices of imports and protect domestic industries from foreign competition.

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Q: What is intended to protect domestic industry?
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What tariff type is used to protect a domestic industry?

A PROTECTIVE tariff is intended to artificially inflate prices of imports and protect domestic industries from foreign competition.


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