Its purpose was to generate revenue for the federal government (to run the government and to pay the interest on its debt), and also to act as a protective barrier around newly starting domestic industries. An import tax set by tariff rates was collected by treasury agents before goods could be unloaded at U.S. ports.
<h2>Tariffs are the duties and/or taxes that the government imposes on imported goods. </h2>
Explanation:
- Tariffs are fixed by the government as the “percentage of the declared value” of the imported good.
- Tariffs on imported goods increase the overall buying price of the imported product which makes it difficult for the consumer to buy.
- When the same type of product is available in the domestic market then the consumer can opt for the domestic product.
- Thus imported goods tariff aids in sales of domestic products and is a great boon for the domestic producer.
The modern world is a very different place from the world that existed 50 years ago. Our knowledge of ourselves and our universe has increased, infrastructures have become globalized and technological developments have revolutionized the way we communicate with each other.
Answer:
Although these tribes have great differences, they are linked linguistically. All of these tribes (or nations) speak an Algonquin language. These Algonkian (or Algonquian) groups were the first the English would encounter as these early settlements began to flourish.
Explanation:
I don't know if this is correct but I hope it helps.
Southern Europe is also known as Mediterranean Europe.
