0
What else can I help you with?
What are types of tariff with an example of its use?
Revenue tariff: A 5% tariff on sugar to generate public revenue; Protective tariff: A 50% tariff on sugar to keep domestic sugar producers in business; Retaliatory tariff: A 500% tariff on sugar to reply to a high tariff imposed by another country. or sales tax- 8% charged on purchases of luxury goods excise tax- 20% tax charged on each pack of cigarettes capital gains- 15% charged on profits from selling commodities or revenue tariff- a 6% tariff on oranges to provide money for the government protective tariff- a 50% tariff on oranges to shield domestic orange growers from international competition retaliatory tariff- a 200% tariff on oranges to reply to a high tariff imposed by another country
What was High tariff to limit foreign competition?
A high tariff that limits foreign competition is a protective tariff.
What is the plural word for tariff?
Tariffs is the plural of tariff
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
Which word means the same as a tariff?
A tariff is similar to a tax.
What was the result of the crisis over 1832 tariff?
Clay and Calhoun worked out a compromise tariff.
What year did a compromise tariff prevent secession crisis?
1834
The nullification crisis started by South Carolina over the Tariff of 1828 ended when?
Congress passed the compromise Tariff of 1833
The US caused an economic crisis in cuba by?
passing a tariff on sugar
The compromise tariff that ended the nullification crisis was authored by?
Henry Clay.
What Tariff increased sectionalism during what event?
the nullification process
What is the 1833 compromise?
The compromise of 1833, also called the Tariff of 1833, was a bill proposed to resolve the Nullification Crisis. It gradually reduced tariff rates after southern states objected to previous tariff bills.
How was the Nullification Crisis 1833 in resolved?
A compromise tariff, supported by President Jackson, was passed.
What precipitated the nullification crisis in 1832 how was if finally resolved?
Congress passed the Tariff of 1833.
How was the Nullification Crisis 1833?
Congress made a compromise tariff to satisfy southern states.
What did the nullification crisis of 1832 to 1833 erupt over?
The nullification crisis erupted over the issue of tariffs, specifically the Tariff of 1828 (also known as the Tariff of Abominations) which southern states believed favored northern interests at their expense. South Carolina threatened to nullify the tariff within its borders, leading to a dispute over states' rights and federal authority.
Consequences to the Nullification Crisis?
There were so many consequences to the Nullification Crisis. First of all there was so much doubt created in the Jackson's presidency and there was unification of the South among other effects.
