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Jimmy Hoeger

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3y ago

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What is a positive effect of high tariffs?

Higher profits


What was the positive effect of high tariffs?

Sectional arguments between the North and South


What was a positive affect of high tariffs?

higher profits - apex


Did Democrats want low tariffs?

No, Democrats Wanted High Tariffs, while Republicans wanted High Tariffs


How did reformers differ from the republicans on the issue of high tariffs?

The republicans supported higher tariffs while the reformers within the GOP supported lower tariffs. Reformers believed that high tariffs actually helped trusts.


How did the reformers differ from the republicans on the issue of high tariffs?

The republicans supported higher tariffs while the reformers within the GOP supported lower tariffs. Reformers believed that high tariffs actually helped trusts.


What did Republicans believe about high tariffs?

Tariffs allowed American industries to grow.


Why do high tariffs restrict international trade?

Tariffs are fees excised on goods coming into a country. As a result, traded goods cost more when there are high tariffs, and this limits their sale.


What is the cause of high tariffs?

High tariffs are usually applied as a means to protect local industries.


What is the purpose of high tariffs?

cause


What is a law calling for a tax on imported goods called?

Tariffs.


What was the positive effect on high tariffs?

High tariffs can protect domestic industries by making imported goods more expensive, which encourages consumers to buy locally produced products. This can lead to increased job creation and economic growth within the protected sectors. Additionally, high tariffs can generate government revenue, which can be used for public services and infrastructure. However, while there are benefits, such policies can also lead to trade tensions and higher prices for consumers.