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The price paid by consumers is increased.

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Francesca Feil

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3y ago

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What is the effect of an import tariff charged on particular goods?

The price paid by consumers is increased.


What is of an effect on an import tariff charged on a particular good?

The price paid by consumers is increased.


Import duties from china to Mexico?

It depends on each product, but import tariffs range on the 15-1000%


What side opposed tariffs north or south?

the south opposed tariffs because they had to import all of their stuff from foreign countries


What would high tariffs cause problems for?

Imports because tariffs are an import tax and taxes make doing business more expensive and people who import a lot such as Europe USA... would feel the burden


What is the number limits on how many items of a particular product can be imported from a particular country is a?

The number limits on how many items of a particular product can be imported from a particular country are determined by trade agreements, tariffs, and import quotas set by governments. These limits are often in place to regulate trade and protect domestic industries.


Is sales tax charged on sale in the course of import?

No Sale tax is not charged for Sale in Course of Import. It is considered as a stock transfer.


Which branch of government has the power to set import tariffs against China?

Legislative branch


Are subsidies an example of a trade restriction?

Yes, as are tariffs and limiting the import of certain goods.


What are ways the government can reduce its imports?

One way is by imposing tariffs


What are the four types of revenue raised by congress to run the us government?

Import tariffs.


Congress encouraged business expansion in the U.S. through which of these types of revenue?

Import tariffs