What are tariffs? What are some of the harmful effects of tariffs?

Question

asked Oct 16, 2018 115k views

2 Answers

Salsbury · Answer 1 · 2018-10-17T03:46:25+0000

a tariff is a tax on goods that are either exported. tariffs can limit trading which can be harmful since having a high tariff rate would discourage other countries to trade with you, not allowing for any forigen income to flow in.

Sen Sokha · Answer 2 · 2018-10-21T23:50:52+0000

A tariff is a tax on exported goods, if a tariff is too high then it will increase the cost of the item so the people who are buying have to pay more.

What are tariffs? What are some of the harmful effects of tariffs?

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

Please log in or register to add a comment.

Please log in or register to add a comment.

No related questions found

Categories

Other Questions