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How would you match each type of tariff A revenue tariff B protective tariff with its purpose C retaliatory tariff 1 earn money for the government 2 engage in a trade war 3 help domestic producers?

Revenue tariff - Earn Money for the Government Protective Tariff - Help domestic producers Retaliatory tariff - engage in a trade war


What is the purpose of the Economy 7 tariff?

The purpose of the Economy 7 tariff was to provide a cheaper alternative to electricity for residents in the United Kingdom. With this offer, residents would get a 20 percent cheaper rate than average.


Difference between tariff and non-tariff barriers?

The purpose of both tariff and non tariff barriers is same that is to impose restriction on import but they differ in approach and manner.Tariff barriers ensure revenue for a government but non tariff barriers do not bring any revenue. Import Licenses and Import quotas are some of the non tariff barriers.Non tariff barriers are country specific and often based upon flimsy grounds that can serve to sour relations between countries whereas tariff barriers are more transparent in nature.


Which is the purpose of a retaliatory tariff?

A retaliatory tariff is a tax that is imposed by one country because another country increased their tax rate. This is an act that is done in retaliation.


What is the sole purpose of a revenue tariff apex?

The sole purpose of a revenue tariff is to generate income for the government by taxing imported goods. Unlike protective tariffs, which aim to shield domestic industries from foreign competition, revenue tariffs focus primarily on raising funds. This type of tariff can also help regulate trade by influencing the volume and type of goods entering a country. Ultimately, it serves as a financial tool for the government while still allowing the importation of goods.

Related Questions

The purpose of a protective tariff?

tax


What purpose does a tariff serve?

The purpose of a revenue tariff is to earn money for the govrnment.


What is a purpose of a revenue?

The purpose of a revenue tariff is to earn money for the govrnment.


What is the purpose of a purpose of a protective tariff?

protect home industries from foreign competition


What is the purpose of internal mobility?

need and purpose of internal mobility


The purpose of a protective tariff is to?

protect home industries from foreign competition


How would you match each type of tariff A revenue tariff B protective tariff with its purpose C retaliatory tariff 1 earn money for the government 2 engage in a trade war 3 help domestic producers?

Revenue tariff - Earn Money for the Government Protective Tariff - Help domestic producers Retaliatory tariff - engage in a trade war


What is the purpose of the Economy 7 tariff?

The purpose of the Economy 7 tariff was to provide a cheaper alternative to electricity for residents in the United Kingdom. With this offer, residents would get a 20 percent cheaper rate than average.


Was South Carolina justified in wanting to nullify the tariff?

he felt that congress had no right to purpose a tariff that only pin pointed one part of the country.


The main purpose of the moderate tariff that hamilton proposed in his report on manufactures was to?

mhm


What role did the west play in such crucial issues of the period as the tariff internal improvements and the expansion of slavery?

gat


What were the 3 political issues during the Era of Good Feelings?

Missouri Compromise Tariff of Abominations Internal Improvements