A tariff on foreign goods is to Alexander Hamilton As a belief in neutrality is to

History

1 answer:

Lunna [17]3 years ago

6 0

Answer:

The Act Laying Duties on Imports was communicated by Alexander Hamilton to the United States House of Representatives on April 23, 1790. In order to promote manufacturing in the United States, Hamilton proposed that imported goods be more expensive, which would force Americans to buy more homemade products.

Explanation:

In supporting its enactment, Alexander Hamilton argued that tariffs would encourage domestic industry. Other nations offered their industries significant subsidies, or money given by a government to support a private business. ... Another argument in favor of tariffs is now easy to forget.

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