1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga55 [171]
1 year ago
12

List the five reasons for protecting the U.S. from foreign goods.

History
1 answer:
Maksim231197 [3]1 year ago
3 0

The Government of the US discouraged foreign goods to protect domestic goods from foreign competition, using the government in which it chose to restrict the import of goods from foreign countries.

The major reasons for protecting the US from foreign goods are as follows:

1) The government wanted to protect domestic workers from losing their jobs. Free trade would have met the workers of the domestic country exposed to foreign competition, and consequently losing their jobs.

2) The government wanted to protect small industries which mean small industries should be protected by imposing trade restrictions to give them a chance to grow and develop to become more competitive. These industries were now working at a very small stage and incompetent to face the Giants of the global economy.

3) The government wanted to restrict trade as it wanted to prevent the unfair trade practices which are caused due to free trade across the countries. Each country has its trade regulations which may be unfair for some countries. Such differences lead to unfair practices in the domestic market, and when such unfair practices are evident, government restrictions become mandatory.

4) Another important reason for imposing trade barriers was that the country wants to protect national security which is caused due to free trade. National insecurity is caused due to trade when a country becomes dependent upon other countries for the supply of materials or other important resources. When it comes to national security, it is important to protect domestic industries from foreign competition.

5) Finally, trade barriers are introduced by the government for reducing the bargaining in negotiations which are caused due to foreign competition, and restriction becomes an evident asset to reduce such trade negotiations. The bargaining power of the domestic industries is greatly harmed due to foreign competition in such cases government interference becomes necessary for the protection of such industries.

To know more about trade restrictions: brainly.com/question/7580546

You might be interested in
What caused the us to join world war 1?
kozerog [31]
Germanys resumption of submarine attacks and merchant ships in 1917
5 0
1 year ago
Read 2 more answers
Help please
Harman [31]
This would be answer b
6 0
2 years ago
What one event led to a rapid increase in the number of slaves in the south?
Gnoma [55]

Answer: the invention of cotton gin

Explanation:The cotton gin refers to a a machine that sets aside cotton fibers from their seeds. Therefore, the invention of the cotton gin transformed the cotton industry in the United States and demanded cheap labor force, which led to the rise of slavery in the South and to the American Civil War later.

7 0
3 years ago
Read 2 more answers
(NR) Natural Resources:Question 9
Harman [31]

Answer:trees

Explanation:because trees are paper

8 0
2 years ago
Which one of these was a political goal for farmers?
White raven [17]

Answer:

The political goal for farmers was lower prices for grain storage.

5 0
2 years ago
Other questions:
  • Why do you think a personification of Virtue is included in the manuscript painting Arming a Knight in the Presence of Virtue? W
    6·1 answer
  • The Gulf of Tonkin is located closest to
    11·2 answers
  • How was Thomas Jefferson acting before the Louisiana Purchase?
    11·1 answer
  • 2. What is a political party?
    9·2 answers
  • Investigative personalities prefer to work with:<br> O things<br> o data<br> O people<br> o ideas
    6·1 answer
  • How was the great compromise an effective agreement?
    12·1 answer
  • “I was once a governor of Tennessee, but moved to Texas to work with the Indians. When the Texans decided to fight the Mexicans,
    12·2 answers
  • A(an)
    13·1 answer
  • Did Pocahontas save John Smith's life? Why?
    12·1 answer
  • What African American institution was founded during the Second Great Awakening?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!