0
What else can I help you with?
What is the name of the policy that places taxes on imported goods?
The policy that places taxes on imported goods is called a tariff. Tariffs are designed to increase the cost of foreign products, making domestic goods more competitive in the market. They can also be used to generate revenue for the government and protect local industries.
What types of tariff is meant to discourage the import of particular products?
Tariffs designed to discourage the import of particular products are known as "protectionist tariffs" or "specific tariffs." These tariffs are imposed at a fixed rate per unit of the imported product, making the goods more expensive and less competitive compared to domestic products. Additionally, "import quotas" can also serve a similar purpose, limiting the quantity of certain goods that can be imported. Both measures aim to protect domestic industries from foreign competition.
Is there any disadvantage to a governmeant placing a tariff on imported goods?
Tariffs on imported goods may cause economic problems. One problem is that it makes the price of imported goods for persons wishing to buy them more expensive. Another problem is that domestic industries protected by tariffs can over price their products to a level just below the price of the tariff stricken imported products. Additionally, protected domestic industries are less likely to invest in technology to make their products more efficient and less costly.
What is Imported duties?
Taxes that is added onto imported products
What is the purpose of protectionist trade policies such as tariffs and subsidies?
They allow producers to sell their products more cheaply than foreign competitors... apex
High tariffs raise the prices of ________, making ________ more attractive to the consumer.?
imported goods; domestic products
Is there any disadvantage to a governmeant placing a tariff on imported goods?
Tariffs on imported goods may cause economic problems. One problem is that it makes the price of imported goods for persons wishing to buy them more expensive. Another problem is that domestic industries protected by tariffs can over price their products to a level just below the price of the tariff stricken imported products. Additionally, protected domestic industries are less likely to invest in technology to make their products more efficient and less costly.
Does CPI only count domestic goods?
Consumer Price Index, or CPI, is a measure of changes in the purchasing power of a currency and the rate of inflation. It also considers imported goods, as well as domestic products.
What products are imported to Canada from french speaking?
products imported to Canada by french countries
What products are imported from Israel?
Products imported from Israel include machinery, software, cut-diamonds, chemicals, and agricultural products.
Which agency inspects and grades domestic and imported fish and fish products prior to sale?
The NMFS plus you shouldnt look up dunkin brands questions
What is Imported duties?
Taxes that is added onto imported products
What products are imported to the US?
a lot of different foods and toys are imported.
What government actions would violate the principles behind GATT and the WTO?
increasing tariffs on imported goods
What products in Cuba are imported?
Cigars/Tobacco are imported from Cuba, Hope I helped .
Are the products imported into Nicaragua?
caca
What are the imported products in China?
fuel
