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What is the purpose of protectionist trade policies such as tariffs and subsidies?
Wiki User
∙ 10y ago
They allow producers to sell their products more cheaply than foreign competitors... apex
Wiki User
∙ 12y ago
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Best explains the purpose of protectionist trade policies such as tariffs and subsidies?
nnnnnnnn
Which of tge following best explain tge purpose of protectionist trade policies such aa tariffs and subsidies?
They allow producers to sell products more cheaply than foreign competitors
What is protectionist trade?
Trade in which there are tariffs and subsidies put in place to protect one's domestic industries.
What best explains the purpose of protectionist trade policies such as tariffs and subsides?
They allow their producers to sell products more cheaply than foreign competitors
In effect tariffs on imports are?
subsidies for domestic producers
Best explains the purpose of protectionist trade policies such as tariffs and subsidies?
nnnnnnnn
Which of tge following best explain tge purpose of protectionist trade policies such aa tariffs and subsidies?
They allow producers to sell products more cheaply than foreign competitors
What is protectionist trade?
Trade in which there are tariffs and subsidies put in place to protect one's domestic industries.
What best explains the purpose of protectionist trade policies such as tariffs and subsides?
They allow their producers to sell products more cheaply than foreign competitors
What are protectionist trade policies designed to do?
Protectionist trade policies are designed to shield domestic industries from international competition by imposing barriers such as tariffs, quotas, and subsidies. The main goal is to protect local jobs, industries, and markets from foreign competition and to support economic growth and stability within the country.
Which was a feature in mercantilim?
A key feature of mercantilism was the belief in accumulating wealth through a favorable balance of trade, where a country exports more than it imports. Governments regulated and controlled trade to increase exports and accumulate precious metals. Protectionist policies, such as tariffs and subsidies, were common to support domestic industries and maintain a positive trade balance.
In effect tariffs on imports are?
subsidies for domestic producers
Tariffs quotas and subsidies are examples of?
Trade Barriers
Tariffs quotas subsidies are example of?
Trade Barriers
Why do countries engage in protectionism?
Countries engage in protectionism to protect domestic industries from foreign competition, to safeguard national security interests, to reduce dependence on imports, and to create jobs within their own borders. Protectionist measures can include tariffs, quotas, subsidies, and other trade barriers.
What was Daniel Webster's address to the senate in 1830 in reply to senator hayne best remembered for?
Protectionist tariffs are what he was arguing for
Are subsidies an example of a trade restriction?
Yes, as are tariffs and limiting the import of certain goods.
