Topic: Protective Tariff
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What is a Protective Tariff?
In general, a tariff is a fee that is assisted with a good brought into a country from another. A protective tariff is defined as an overly inflated fee to make a good more expensive and protect the market of a similar product produced dome... Read More »
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What was the purpose of a protective tariff?
A protective tariff is a fee that is added to items that imported from other countries. The purpose is to make imported goods more expensive so that people will buy goods made in their own country. For example, if the goverment wanted me to... Read More »
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What is the effect of a protective tariff?
it makes imported goods more expensive than American made goods Read More »
Source: http://wiki.answers.com/Q/What+were+the+effects+of+the+first+prot...
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Protective Tariff
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protect home industries from foreign competition
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The Northern Staes Favored the Protective Tariffs
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Britain
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He was against it
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A country might try to protect an industry by putting a tariff (like a tax) on goods that come from a foreign country to make those goods less competitive price-wise to the domestic goods. Many feel that this protectionism is bad for consum...
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Source: http://wiki.answers.com/Q/How_does_a_protective_tariff_work
sket
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