<h2>Tariffs are the duties and/or taxes that the government imposes on imported goods. </h2>
Explanation:
- Tariffs are fixed by the government as the “percentage of the declared value” of the imported good.
- Tariffs on imported goods increase the overall buying price of the imported product which makes it difficult for the consumer to buy.
- When the same type of product is available in the domestic market then the consumer can opt for the domestic product.
- Thus imported goods tariff aids in sales of domestic products and is a great boon for the domestic producer.
Answer:
B:How Policy Disagreements Are Resolved
At the turn of the 20th Century, the United States was on the rise.
Spain was the last remaining European power in the Western Hemisphere and the US was eager to prove it was top dog.
So, it went to war to kick Spain out of the Western Hemisphere.
It was very much looking for an excuse to fight Spain.
