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PROTECTIVE tariff

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Related Questions

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.


Most tariffs in the 19th century were intended to?

Most tariffs in the 19th century were intended to raise revenue and protect domestic manufacturing


How import substitution can protect domestic industry?

when i get the ans i'll let u know all


How did Adam smith believe individuals would help their home countries economies without government regulations?

He believed they would prefer domestic industry to foreign industry.


Why a country might favor some sort of trade restriction?

The purpose of trade restriction is to protect some domestic industry from foreign competition.


What is the purpose of Subsidies?

To protect domestic producers against international competition


What was Harrison's position on tariffs and what did he do to support that stand?

Harrison favored protective tariffs to benefit American industries and farmers. As President, he signed the McKinley Tariff Act of 1890, which raised tariffs to their highest level in American history. This move was intended to protect domestic industry but led to higher consumer prices and contributed to the economic downturn of the 1890s.


The interstate commerce act was originally intended to regulate what industry?

Its the railroad industry


How has the increased number of domestic airlines effected the development of the aviation industry?

Answering "How has the increased number of domestic airlines effected the development of the aviation industry?"


What are face shields intended to protect you from?

Face shields are designed to protect you from fumes.


The domestic system of industry?

Employs slave laborers


Is China a threat to Indian domestic Industry?

perhaps