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astraxan [27]
2 years ago
6

the benefits of protective tariffs are multiple choice they decrease the retail price of imported products. they decrease the co

st of the product to the consumer (end user). they protect domestic jobs by encouraging cost-sensitive consumers to purchase domestic products. they help develop friendlier trade relations with loyal trading partners. both parties are protected.
Business
1 answer:
vlada-n [284]2 years ago
4 0

Protective tariffs are used to keep foreign competition out of domestic markets and local industry. As a result, they encourage domestic industrialization within a nation. A nation's currency is also protected by protective tariffs in addition to domestic industrialization. Protective tariffs prevent a nation's currency from leaving the country and going to foreign companies, strengthening the currency domestically.

Tariffs imposed by an importing nation to defend its native sector are known as protective tariffs. Imported goods are subject to protective tariffs to keep them expensive when compared to domestically produced items. Protective tariffs are essential for the growth and development of regionally emerging sectors in developing nations. Protective tariffs contribute to independence and self-sufficiency by promoting domestic manufacturing, particularly in the defense sector.

To learn more about Tariffs here

brainly.com/question/14274254

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During a recession, what must happen to interest rates to spur economic growth?
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Andre45 [30]

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Because of internet, world has became a global village.

Internet encourages freedom of speech.

Internet is empowering everyone including those who are residing at remotest places.

Internet has created a lot of opportunities that weren’t there before. It created a lot of jobs.

Education got globalized. Students can take any course in any college through E-learning.

New innovations and resources can now be shared easily.

Transfer of files was made easy.

There is no limit to store information in the internet.

Communication has never been this easier.

We can pay bills or buy items from home, that would have required to go outside otherwise.

We can find information about anything.

We can develop our skills through many free courses available in internet.

Internet can be used for entertainment such as playing video games, watching movies etc.

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Why Internet is a bane :-

According to researchers, our concentration levels are decreasing with the overwhelming usage of internet as we are concentrating on a lot of things at the same time.

Our memory power is reducing. With the growing usage of internet, we are not using our minds as much as we did when there was no internet. We used to store a lot of information in our minds and we used do simple math without using our phones etc.

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4 0
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Number of years (t) = 18 years
Then
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