What is a tax on goods brought into the country (designed to protect home industries)?

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14-04-2015
Social Studies

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What is a tax on goods brought into the country (designed to protect home industries)?

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Xokkxoidn Xokkxoidn · Answer 1 · 2015-04-14T18:11:11-04:00

Xokkxoidn Xokkxoidn

14-04-2015

a tariff is a tax added to the price of imported goods
it makes goods made in the home country cheaper than foreign ones

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Ari1471idn Ari1471idn · Answer 2 · 2015-04-14T18:11:52-04:00

Ari1471idn Ari1471idn

14-04-2015

This is a Protective Tariff. A protective tariff is a tax placed on goods from another country to protect the home industry. A regular tariff is a tax on goods brought into a country.

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