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Alexandra [31]
4 years ago
6

How would tariffs benefit the north? They would protect infant industries. They would make European products more competitive. T

hey would help them buy more cotton. They would increase trade.
History
2 answers:
Alekssandra [29.7K]4 years ago
4 0

new industries need time and practice to become efficient producers

- tariffs and other protectionist policies are defended on the grounds that they protect new industries in the early stages of their development

- a tariff shields a young industry from the competition of its more mature rivals

- after the infant industry acquires the ability to produce goods efficiently and at a competitive price, the tariff can be eliminated because the industry is able to compete

- problems: a protected infant industry lacks incentive to become more efficient and competitive; once an industry is given tariff protection, it is difficult to take the protection away

oksano4ka [1.4K]4 years ago
3 0

Answer:

The answer is "they would protect infant industries"

Explanation:

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