Answer: Diocletian's reforms fundamentally changed the structure of Roman imperial government, and stabilized the empire economically and militarily. This helped the empire to remain intact for another hundred years, despite having seemed near the brink of collapse in Diocletian's youth.
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Answer:
Economic penalties of using protective tariffs.
Explanation:
Businesswise, it is very important to recognize that the taxes owed on imports are paid by domestic consumers, and not imposed directly on the foreign country's exports. The effect is nonetheless to make foreign products relatively more expensive for consumers but if manufacturers rely on imported components or other inputs in their production process, they will also pass the increased cost on to consumers. Often, goods from abroad are cheaper because they offer cheaper capital or labor costs, if those goods become more expensive, then consumers will choose the relatively costlier domestic product. Overall, consumers tend to lose out with tariffs, where the taxes are collected domestically.
