answersLogoWhite

0

A tariff is a tax paid on goods brought into a colony or country; tariffs protect internal production by raising the price of imported goods.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

What is an effort to punish another nation by imposing trade barriers?

tariffs/


Congress protected the New England textile industry by imposing?

Congress protected the New England textile industry by imposing tariffs on imported textiles, making it more expensive for consumers to buy foreign-made goods and thus promoting the purchase of domestically-produced textiles.


What are ways the government can reduce its imports?

One way is by imposing tariffs


Did Jackson responded to South Carolina's views on tariffs threat by imposing the Force Bill which was passed by Congress in 1833?

yes


Did the constitution ban states from imposing tariffs helping goods to flow freely around this country?

ahaha. You're in Clattenburgs arent you?


Did the constitution ban states from imposing tariffs helping goods to flow freely around the country?

ahaha. You're in Clattenburgs arent you?


Why did the US put tariffs on forgein goods?

Throughout US history and also on a world wide basis, tariffs are used most often to protect homeland industries from foreign competition. The US did this allot and in the antebellum days, tariffs were used to protect the US's manufacturing revolution safe by imposing tariffs on imported goods.


Which instrument do countries use to restrict competition from abroad?

Countries restrict competition from abroad by imposing fees on foreign goods in the form of duties or tariffs, for example.


What does the word stalwart mean?

Loyal and resolute Strong and imposing


How did Hamilton propose to encourage Americans to support local manufacturing?

Hamilton's main purpose and method of encouraging the growth of domestic business is by imposing tariffs on manufacturing foreign products across the world.


What does it mean if someone or something is of imposing height?

It means that they are very tall.


How did hamilton plan to protect US merchants?

Hamilton planned to protect the US merchants by imposing high tariffs on imported goods. This in turned would cause Americans to buy goods made in the US.