Answered

IDNLearn.com offers a unique blend of expert answers and community-driven knowledge. Discover detailed answers to your questions with our extensive database of expert knowledge.

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

Sagot :

Xokkxoidn
a tariff is a tax added to the price of imported goods
it makes goods made in the home country cheaper than foreign ones
Ari1471idn
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.
Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. Thank you for visiting IDNLearn.com. We’re here to provide dependable answers, so visit us again soon.