1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
What were the Causes of the French Revolution?:Question 10
WARRIOR [948]
Invading soldiers burned wheat crops
4 0
3 years ago
Read 2 more answers
Is global history the same as world history and I need explanation​
denis23 [38]

Answer:

World history, global history or transnational history is a field of historical study that emerged as a distinct academic field in the 1980s. It examines history from a global perspective. World History looks for common patterns that emerge across all cultures.Based on these definitions, the process of globalization largely differentiates global and world history. World history encompasses a history that is not necessarily completely interconnected through globalization, while global history examines this specific history of interconnectivity.

Explanation:

Valid upto 5 marks for seniors(6-9)

7 0
3 years ago
Why did many of the early english colonists come to america
jeka57 [31]

Answer:

god gold and glory

Explanation:

religion god   money gold   glory

4 0
3 years ago
Read 2 more answers
PLEASE ANSWER ASAP I WILL MARK YOU THE BRAINLIEST
liubo4ka [24]

Answer:

so basically u can just pick and choose what info u want to use:

During the Progressive Era between 1896–1916, social activism and political reform became widely renowned and certain laws were set in place to keep large businesses in check, such as the Pendleton Act. This act made it unlawful to fire or demote an employee based on political stance. This makes me think about a more recent act that was passed called The Americans with Disabilities Act. which not only provides equal treatment to disabled persons in day-to-day life but is also, similar to the Pendleton Act. as it protects persons with diabilities from being fired or demoted without reasonable cause.

wait nvm thats not really on topic....

During my lifetime the government has more or less decreased the regulations set in place to keep large businesses in check. When looking at certain acts like the 1938 Fair Labor Standards Act, which was updated in 2017, makes it so that all workers in the US are paid minimum wage up to the national minimum wage, along with other benefits. However, debates on whether minimum wage is truly a livable wage have been brought up. This then allows many large businesses to exploit and go around this law, allowing them to grow bigger and bigger. um... i dont know if this is any good nvm

6 0
2 years ago
ANSWER INCLUDED - FREE POINTS [please actually answer the question though]
STALIN [3.7K]

Answer:

Thanks but the answer is true...

After the unification of China in the beginning of the Qin Dynasty, China's First Emperor, Qin Shihuang, linked the walls of the three northern states (Qin, Zhao, and Yan).

3 0
3 years ago
Other questions:
  • La cred Here
    12·1 answer
  • One feature of the government of the Confederacy was what?
    5·1 answer
  • What has recently challenged Florida’s water supply?
    7·2 answers
  • Please answer this cause I need to get ready for my test and I need a good grade.
    11·1 answer
  • How did the magnetic compass help traders?
    10·2 answers
  • Which of these sentences are punctuated correctly:John announced, "The library is closing in five minutes."John announced "The l
    8·2 answers
  • Where was the French and Indian War fought? Question 3 options: A) Great Britain B) America C) Canada D) France
    12·1 answer
  • Which statement describes the majority party's power when it comes to the senate committees
    8·1 answer
  • Equilibrium theory appeals to some sociologists because it explains a. How core nations interact with peripheral nations. B. Why
    13·1 answer
  • What reasons did Mehmed Talaat Pasha give the U.S. ambassador for the Ottoman government's deportation of the Armenians?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!