Question

Why does the federal government impose tariffs? because tariffs are designed to attract better products because tariffs are designed to protect domestic goods because tariffs are designed to protect imported goods because tariffs are designed to attract safer products

Answer 1

The federal government imposes tariffs, as it intends to protect domestic goods.

Further Explanations:

A Federal government is the most effective authority in a nation over the states. Law endorsed by the Federal government is abided by all the respective states without any obligation. Among the authorities exercised one of them is the imposition of tariffs on foreign goods. This tax normalizes the foreign trade and encourages dependence on domestic yields. They are also the source of funds for the central administration. The need for tariff imposition can be described as follow:

i. To restrict foreign sway in a sector:increases in import effect the domestic trade and ruins the economy of the nation.  

ii. To restrict importation on foreign goods: restrictions on the foreign goods protect the domestic businesses of the realms. It also protectsworkforces from being idle.

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Answer Details

Grade: High school

Subject: US History

Chapter: Tariffs

Keywords: foreign trade, protectionism, import goods, import quotas, administrative rules, local trade, domestic industries,tariffs ,foreign goods,domestic yields,Federal government,

Answer 2

The correct answer is: Because tariffs are designed to protect domestic goods. These tariffs are placed on an imported good or service by the federal government to make manufactured domestic goods cheaper for domestic consumers than the imported ones. This is made to protect the national and new industries against foreing competition.