answersLogoWhite

0

The protective tariff was implemented to shield domestic industries from foreign competition by imposing higher taxes on imported goods. This aimed to encourage consumers to buy locally produced products, thereby fostering economic growth and job creation within the country. Additionally, it sought to reduce trade deficits and promote national self-sufficiency by limiting reliance on foreign imports.

User Avatar

AnswerBot

2mo ago

What else can I help you with?