3 years ago

Why would placing a tariff on imported goods grow the nations manufacturing sector?

2 answers:

8 0

The reason for that being is because it would discourage people from buying imported manufactured goods so they would buy domestically produced manufactured goods instead.

monitta3 years ago

3 0

It makes foreign goods more expensive.
That allows domestic industry the luxury of charging more for their goods because now foreign goods are more expensive.

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