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High tariffs create protectionism, shielding a domestic industry's products against foreign competition. High tariffs usually reduce the importation of a given product because the high tariff leads to a high price for the customers of that product. There are two basic types of tariffs imposed by governments on imported goods.
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Answer:
Their is no difference between the fed and central bank except that the central bank is called "fed" in the U.S unlike how it is called in other nations of the world
Explanation:
The Fed (Federal reserve system) is the same thing as the Central Bank of the United State of America. It functions is the same but the name of the central bank in the United State is known as the Fed. It functions as the organ responsible for all monetary policies either through money supply, raise interest or lower it and any other policies to the growth and development of the economy of the U.S
However, it must be stated that there is no difference between the two other than the name that is called in the U.S
It grew into a war involving 32 countries. The Allies included Britain, France, Russia, Italy and the United States. These countries fought against the Central Powers which included Germany, Austria-Hungary, Ottoman Empire and Bulgaria.
Answer: that answer is wrong it’s powers that the constitution sets aside for state governments
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