In two or three sentences give two disadvantages of a tariff

1 answer:

7 0

A tariff refers to a tax that is levied on an imported good and which makes the imported good to be more expensive than similar domestic goods. The disadvantages of tariff include the following:
1. Tariff discourages competition in the market, by favoring domestic goods, this leads to reduction in products' quality.
2. Tariff raises the prices of imported goods which leads to decrease in consumer surplus.

You might be interested in

Please need help!

White raven [17]

I Think The answer is c just Trying To help others hope it helps ya

3 0

3 years ago

Put the words in the correct order to make questions.

Degger [83]

Answer:

1. what are you into?

2.what do you like doing at weekends?

3. what else do you like doing?

4. what do you think of that take?

5. what kind of films are you into?

Explanation:

i hope this helps and i hope you have a wonderful day!

6 0

3 years ago

Read 2 more answers

"She was the little cinder girl, living in the shadows of an inaccessible palace, in love with the unseen prince, who would one

stich3 [128]

What’s that supposed to mean ?

6 0

3 years ago

Read the sentence below from the story.

satela [25.4K]

Answer:

(D) She had an instinct about calculating risk

Explanation:

The clause "contemplated her dilemma" indicates that the character used to think and reason very deeply about the risks that her actions could promote, that is, she thought about the problems she could face, contemplating and analyzing them as thoroughly as possible, before actually facing them.

3 0

3 years ago

What is the author's tone in a piece of writing? A.The author's attitude toward the topic B.The quality and strength of the writ

disa [49]

The author's tone in a piece of writing is the author's attitude toward the topic.

6 0

3 years ago

Read 2 more answers