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A tariff is a tax or duty on a particular item or good. In general terms, tariffs exist due to various reasons. Some tariffs are placed simply to earn money for the government. Businesses wishing to import or export goods have to pay the tariffs or else risk legal problems with that government. Other tariffs exist as a form of protectionism, which ensures that domestic industries generate profitable amounts, in terms of importing goods. Tariffs also exist with the goal of protecting consumers. A government may levy a tariff on products that it feels could endanger its population.
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What is a tax placed on goods from another country to protect the home industry?
protective tariff
What is the tariff that southerners viewed as helping the north at the south's exspense?
Tariff of Abominations
The tariff of 1828 was commonly referred to?
The Tariff of Abominations
Match each type of tariff with an example of its use. A.Revenue tariff A 50 tariff on sugar to keep domestic sugar producers in business B.Protective tariff b A 5 tariff on sugar to generate public?
A revenue tariff is exemplified by a $5 tariff on sugar to generate public revenue, as it aims to raise funds for the government. In contrast, a protective tariff is represented by a $50 tariff on sugar to keep domestic sugar producers in business, as it is designed to shield local industries from foreign competition.
What was the tariff of 1832?
The Tariff of 1832 was a protectionist tariff in the United States. It was passed as a reduced tariff to remedy the conflict created by the tariff of 1828, but it was still deemed unsatisfactory by southerners and other groups hurt by high tariff rates. Southern opposition to this tariff and its predecessor, the Tariff of Abominations, caused the Nullification Crisis involving South Carolina. The tariff was later lowered down to 35 percent, a reduction of 10 percent, to pacify these objections. This was still not satisfactory, and the Tariff of 1833 resulted.
Who desinged the London torch?
bgfgctrdgdtedgfdtef
Who desinged the Vietnam scuplture?
MEGAN AKKINS
Who desinged the gloab?
some old hag
Who desinged swansea city bagdes?
adidas...
Who desinged the geodesic dome?
Buckminster Fuller
What year was olympic flag desinged?
1914 :)
What are heat projectiles specifically desinged to attack?
Tanks
Who desinged Hadrian's Wall?
The Roman Emperor Hadrian.
How are racing cars streamlined?
the way they were desinged by the builders
Who desinged the Sydney opra house?
poppy suvvellwell
What unitversity did Thomas Jefferson desinged?
University of Virginia
The Tariff of 1828 was known throughout the South as the tariff of?
Abomination.
