Explanation:
For 3D printing, the part can be printed on demand and shipped without any ramp up or tooling, resulting in a lead time as short as 2 or 3 days. The combination of the reduced lead time and the more efficient prototyping process reduces the time to market. This is a great advantage since delay creates uncertainty.
Answer:
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Explanation:
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Answer:
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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