<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 desire among americans to return to the prewar days
They moved into Alaska during an Ice Age when there was ice from Eastern Asia and they walked to Alaska
