All categories

1 year ago

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

1 answer:

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

How the transatlantic slave trade was a turning point in history?

Serggg [28]

It started the spark of the industrial revolution

6 0

3 years ago

Describe the actions of each group or person that led to the fall of the western Roman Empire.

Shalnov [3]

Answer:

Roman Government- levied heavy taxes on people

Roman Emperors-fought among themselves

Barbarian tribes-disrupted trade routes

Explanation:

According to the late fourth-century author Vegetius, troops wore armor up to the reign of Gratian, when they began to complain about how heavy it was and asked the emperor to forbid them from wearing it. Although historians debate this, Egypt, which was a part of the more prosperous Eastern Roman Empire, is the only location where Roman armor from the fifth century has been discovered.
After the division of the empire in 395, the West fared poorly. Prior East-West partitions had given the West the important province of Illyricum (modern Yugoslavia more or less). According to records, Gaul and Illyricum accounted for 56% of military recruitment between 284 and 476. In fact, helping to reclaim Illyricum to use for military recruiting was one of the reasons the Roman commander Stillicho attempted to form an alliance with the Gothic king Alaric. It was difficult to raise enough taxes to support a sizable military army due to the loss of wealthier provinces like Egypt to the Eastern empire and the fact that Gaul's economy had not yet recovered from the devastation of its towns during the Crisis of the Third Century.
When Theodosius' East Roman forces beat the Western army, it was still reeling from the disastrous loss at the Battle of Frigidus River.
Barbarian tribes with conflicted allegiance made up the majority of the army in the fifth century. The Suevic king Rechiar and a Gothic princess had a son named Ricimer. He killed the emperor when Majorian returned home from his expedition in North Africa against the Vandals. Perhaps he had grudges against Majorian for retaking Spain from the Sueves and the Goths (which collapsed against after his death). With the brief exception of Anthemius, who was imposed on the West by an Eastern Roman army, Ricimer governed through puppet emperors until his death in 472. After Anthemius killed himself by killing a follower of his named Romanus, Ricimer and Anthemius engaged in a civil war. Before the Eastern empire launched another expedition, Gundobad—the subsequent military leader and Ricimer's nephew—appointed Glycerius as the western emperor and departed Italy to become the Burgundians' king. During his brief reign as emperor in 475, Julius Nepos named Roman Orestes as Magister Militum (commander in chief of the army) and appointed him to rule over what was left of Roman Gaul (Provence). However, he abandoned Gaul and struck a deal with the barbarians in which he asked them to support him as emperor in exchange for one-third of Italy. After being expelled from Italy, Julius Nepos went to Dalmatia, where he was killed in 480. The western kingdom was toppled in 476 when Orestes betrayed his pledges to the barbarians. Odovocar, the barbarian ruler of Italy (perhaps from the Heruli tribe), put an end to the empire in the west.

Thanks,

Eddie

6 0

1 year ago

How did the Atlantic slave trade contribute to a racist ideology that continues to this day?

scoray [572]

Answer:

Labour

Explanation:

The failure to find alternative sources of Labour

4 0

2 years ago

Which of the following states refused to meet at the Constitutional Convention?

MariettaO [177]

Rhode Island was the only state to not send representatives

7 0

3 years ago

PLEASE HELP, WILL GIVE BRAINLIEST:

Eva8 [605]

Answer:

I think Watchdog

Explanation:

She understood the laws applying to whales and knew what the whaling industry would be doing wrong, when they do. Since she's not old enough to make a difference, politically, she has to tell other and keep an eye out. Thus, my reasoning of thinking she was to be a watchdog.

7 0

3 years ago

Read 2 more answers