How do tariffs protect a nation's economy 2024?
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Works at the United Nations High Commissioner for Refugees (UNHCR), Lives in Geneva, Switzerland.
How do tariffs protect domestic industries? A: Tariffs are essentially taxes or duties placed on an imported good or service by a domestic government, making domestic goods cheaper for domestic consumers and imported goods more expensive for companies exporting goods from their industry into the domestic industry.
2023-05-08 14:46:30
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How do tariffs protect domestic industries? A: Tariffs are essentially taxes or duties placed on an imported good or service by a domestic government, making domestic goods cheaper for domestic consumers and imported goods more expensive for companies exporting goods from their industry into the domestic industry.