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krok68 [10]
3 years ago
7

How could a tariff protect infant industry?

History
1 answer:
ikadub [295]3 years ago
5 0

Answer:

It would discourage trade

Explanation:

An infant industry can be defined as a manufacturing industry that is still in the early stage of its growth and development.

Simply stated, an infant industry is an industry that has just been newly established. Thus, infant industries do not have the wherewithal to compete with older industries (established competitors) because they are generally lacking in experience and size.

A tariff can be defined as tax levied by the government of a country on goods and services imported from another country.

According to the infant industry argument, economists agree that developing countries are allowed to place tariffs on import so as to develop their infant industries, diversify their economy and boost their comparative advantage.

Hence, a tariff protects infant industry because it would discourage trade by eliminating the import of goods and services from other countries.

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What do you think Egypt could have done differently to save itself from decline? please fast.
umka21 [38]

Answer:

Finding a permanent solution to ruined harvest and mass famines

Explanation:

What Egypt could have done differently to save itself from decline is "finding a permanent solution to ruined harvest and mass famines."

This is because the major reason that is attributed to the fall of the Egyptian Empire are the following:

1. Great disparity in wealth between the aristocrats and the lower class

2. Constant war from neigboring city states

3. Culture and religion from other states.

Hence, to solve these issues, is to have a stable economy that is sustainable. And to have a sustainable economy is to ensure the city state or nation can feed itself well all the times, regardless of the climate change.

However, ancient Egypt struggled to maintain their economic growth which rest mainly on agriculture due to change in climate that effect their agricultural produce.

Therefore, in this case, the correct answer is "finding a permanent solution to ruined harvest and mass famines."

7 0
3 years ago
Which movement benefited the most from its members' contributions to the war effort during World War 17 (5 points)
Harman [31]
I think women’s suffrage
7 0
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rosijanka [135]
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6 0
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Which of the following is described by the list?
Vilka [71]

Bell Bomber plant

Explanation:

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Learn more on Boeing on

brainly.com/question/7210231

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What was the purpose of the Toleration Act of 1649?
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