What are the disadvantages of tariffs?
I'll answer
Earn 20 gold coins for an accepted answer.20
Earn 20 gold coins for an accepted answer.
40more
40more
Works at the International Criminal Court, Lives in The Hague, Netherlands.
It raises the price of an imported good, making it more expensive than similar domestic goods. The idea is to increase demand for domestic products while reducing the volume of imports. Tariffs also provide a source of revenue for the country levying them.
2023-05-17 14:54:15
评论(499)
Helpful(122)
Helpful
Helpful(2)

Charlotte Hall
QuesHub.com delivers expert answers and knowledge to you.
It raises the price of an imported good, making it more expensive than similar domestic goods. The idea is to increase demand for domestic products while reducing the volume of imports. Tariffs also provide a source of revenue for the country levying them.