What Are Tariffs, and What Do They Do?

A tariff, at the most basic level, is a tax charged on goods or services as they move from one country to another. You may also see them referred to as a “customs duty,” as the term is often used interchangeably with “tariff.” Tariffs are typically charged by the country importing the goods. They serve two purposes: economically, they generate revenue for the importing country and protect home-based industries producing those same goods. Some tariffs, called protective tariffs, charge a higher tax on imported goods so the domestically produced versions of the same goods can be sold at a more competitive price.

In contrast to protective tariffs, revenue tariffs exist primarily to raise money on goods that are not produced domestically, allowing the government to invest in other resources. For example, nonprotective tariffs include import taxes on oil produced elsewhere, or products that are only produced in other countries.

What are two supposes of tariffs?

Answers

Answer 1

Answer:

A specific tariff is levied as a fixed fee based on the type of item, such as a $1,000 tariff on a car. An ad-valorem tariff is levied based on the item's value, such as 10% of the value of the vehicle.

Explanation: hope it helps ^w^

Answer 2

Answer:

a tax on goods leaving or entering the country

Explanation:


Related Questions

How does Pygmalion act on his feelings about women?

Answers

He dislikes real women, so he carves an ideal fake one. He dislikes them and shuns all women from his life. He likes them so much that he carves the perfect women to admire. He loves one woman so much that he carves a statue of her.

who purchased large quantities of cotton from the South?

Answers

Answer:

Europe

Explanation:

HELP PLEASE..........

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Answer:

the answer is A. Pennyslvania

Why do
used force on the peaceful
you think the police
non violent protester but
refuse to use force against
violent protesters in the
capital riot on
on January
6

Answers

Probably because they are whites but I don’t really know

do you think the "red scare" was justified? why or why not?

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The *Red Scare* was a wholly unjustified political ploy that crippled the ability of the USA to deal with the USSR in a forthright manner so no it was not justified in the least.

How did the great Depression affect Emilia Castaneda​

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Answer:

The young Emilia Castañeda and her family lived in Los Angeles in the 1920s and 30s. Once the Great Depression hit, the Hoover Administration implemented involuntary deportations. Through various means, hundreds of thousands of Mexican immigrants and U.S. citizens of Mexican heritage were deported to Mexico. Emilia would not return to her home for many years.

How were the members of the Bourbon
Triumvirate similar? Select all that apply.
A. All three supported raising taxes.
B. All three were white supremacists.
C. All three were orginally from the North.
D. All three supported industrial development.
E. All three were opponents of Jim Crow laws.

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Answer: B and D

Explanation: I got it right in class

American settlement of the frontier affected Native Americans in all of the following ways except

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Answer:

I think it should be D

Explanation:

because

Realiza un cuadro comparativo diferenciando los distintos tipos de lenguajes de Venezuela incluyendo el lenguaje de señas es de crp

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La respuesta correcta para esta pregunta abierta es la siguiente.

Con gusto te ayudamos con la información correcta para que tú elabores tu cuadro comparativo.

Los tipos de lenguaje en Venezuela son los siguientes.

El idioma oficial de Venezuela es el Español. Sí el Español o Castellano. Este Español tiene algunos dialectos que se hablan en deferentes regiones de Venezuela.

Por ejemplo, está el Español Caroeño, el Español Llanero, el Español Caraqueño, el Español, Marabino,  el Español Oriental y el Español Guaro. Además de éstas, existen cerca de 70 lenguas nativas que se han estado perdiendo.

Con respecto al lenguaje de señas en Venezuela, éste se llama LSV o Lenguaje de Señas Venezolana. Comenzó a expandirse en 1982 como una  herramienta de comunicación para personas sordo-mudas.

what island nation in Europe lies farthest from thr rest of Europe? plz help me​

Answers

Answer:

Europe is the second-smallest continent. Only Oceania has less landmass. Europe extends from the island nation of Iceland in the west to the Ural Mountains of Russia in the east. Europes northernmost point is the Svalbard archipelago of Norway, and it reaches as far south as the islands of Greece and Malta.

Explanation:

What effect did technological advances such as the steamboat,cotton gin and the introduction of interchangeable parts have on the American economy

Answers

Answer:

the steam boat was a quicker way accros water the cotton and gin were for shirts and paper money the gin for pubs and the last one was you did nt have to go to a ceartin place you could o to mny stores

Explanation:

Read an overview of the Bisbee Deportation What happened to those who were rounded up? - They were put on trial. -They were put in prison. - They were sent out of the state.

Answers

Answer:

They were sent out of the state.

Explanation:

From the overview of Bisbee Deportation what happened to those who were rounded up is that "They were sent out of the state."

This is evident in the fact that there were about 1,300 striking mineworkers, including the sympathizers, and on looking citizens were parked on July 12, 1917, in Bisbee, Arizona, and sent to about 200 miles or 320 km to Tres Hermanas in New Mexico.

Answer:

C ON EDGE

Explanation:

what countries did russia give up as a result of pulling out of the war and signing the treaty of brest-litovsk?

Answers

Answer:

By the terms of the Treaty of Brest-Litovsk, Russia recognized the independence of Ukraine, Georgia and Finland; gave up Poland and the Baltic states of Lithuania, Latvia and Estonia to Germany and Austria-Hungary; and ceded Kars, Ardahan and Batum to Turkey.

Answer:

Poland and the States of Lithuania, Latvia and Estonia to Germany and Austria-Hungary; ceded Kars, Ardahan and Batum to Turkey.

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Answers

Answer:

NOAUDHUHSJ

Explanation:

How did Northern leaders try to encourage Americans to buy goods made in the United States rather than foreign imports?

Answers

Answer:

They put tariffs on the good that were being imported so they would cost more and the citizens would buy the cheaper american made goods.

Explanation:

The Atlantic Ocean is on the west north east or south coast of North America.​

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The Atlantic Ocean is on the west side of North America I think

the atlantic ocean is on the east coast of north america

How did Roz keep the animals alive during the winter? ( wild robot ?

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Answer:

with a blnket

Explanation:


Given what you know about the state of affairs in Europe in 1914 as well as the main drivers
that ultimately caused the fighting to break out in Europe, why do you think that the leaders of
Britain, France, Germany and Russia were not able to prevent the outbreak of war? Why didn't
diplomacy work?

Answers

Answer:

As there had been tension between the countries for years as everyone wanted more land, more power and the strongest military and economic power. Also  as they all had signed a load of treaties out of fear of invasion or war. So when a bunch of young Serbians assassinated the heir to the Austro-Hungarian throne, The Austrian government thought that the Serbian leaders had ordered the murder [they most likely did] and declared war on Serbia, as Austria- Hungary had an alliance with Germany they declared war on Serbia but Serbia had an alliance with France, who had an alliance with Britain so both of them declared war on Austria and Germany.    

Explanation:

Fun Fact: the King of Britain, Emperor of Germany and Tsar of Russia were all first cousins and were all in power when they went to war.

in james town 105 men settled there why?

Answers

The group sent 105 men to settle in Virginia. They hoped a colony would make them richer. The settlers arrived in Virginia in May 1607, hoping to find gold. They chose a place near a river, where the deep water allowed them to anchor their ships close by.

Answer:

because they wanted to get richer.

PLSS HELP ULL GET 30 POINTS
What do you think you can contribute (add) the culture of the barbarian or Germanic peoples to the general culture of medieval civilization?

Answers

Answer:

did u find the awanser yet?? if not lmk

Explanation:

By looking at this map Early humans migrated to America by crossing?

Answers

Answer:

Bering straight

Explanation:

on the map between alaska and russia there is a straight

who is the first president in the world​

Answers

Answer: George Washington

Everybody knows that the first president in that sense was George Washington. But in fact the Articles of Confederation, the predecessor to the Constitution, also called for a president- albeit one with greatly diminished powers.

Explanation:

List the 7 types of speech that the First Amendment does not necessarily protect

Answers

Some of the things that the first amendment does not protect are as follows: Speech integral to illegal conduct, speech that incites imminent lawless action, speech that violates intellectual property law, true threats, and commercial speech such as advertising.

which industry emerged directly out of the farming industry in Texas?

Answers

Answer:

C the milling industry

Explanation:

Hope this helps<33333

Answer:

Cattle and cotton production dominated farming operations through the remainder of the nineteenth century, but wheat, rice, sorghum, hay, and dairying became important.

Explanation:

Why were certain parts of states listed as exceptions to the term of the Proclamation? Help please

Answers

Answer:

Lincoln exempted border states from the proclamation because he didn't want to tempt them into joining the confederacy. it was a temporary war measure that was later codified into law in the 13th amendment to the constitution

what action did you take to satisfice your hunger

Answers

Answer:

1. Eat Enough Protein. Adding more protein to your diet can increase feelings of fullness, make you eat less at your next meal and help you lose fat.

2. Opt for Fiber-Rich Foods.

3. Pick Solids Over Liquids.

4. Drink Coffee.

5. Fill Up on Water.

6. Eat Mindfully.

7. Indulge in Dark Chocolate.

8. Eat Some Ginger.

8. The Battle of Gettysburg was a departure from which part of the Confederate military strategy?
Fighting a defensive war
King Cotton Diplomacy
Splitting the North in two by controlling the Mississippi River
Destroy transport and communication networks

Answers

Fighting a defensive war.

Robert E. Lee wanted to take the war to the Union, on Union ground. Most of his victories had been in or near Army of Virginia home soil.

Going north was an attempt to shorten the war as he knew a prolonged war of attrition favored the industrial and populous north.

Father against son, brother against brother. A very sad time.

cause and effect of mexican american war in
compromise of 1850

Answers

Answer:

Under the Compromise of 1850, California was admitted as a free state without deciding the fate of the remainder of the Mexican Cession. Additionally, under this compromise, there was the federal assumption of Texas debt, the abolishment of the slave trade in the District of Columbia, and a stronger fugitive slave law.

Explanation:

In order to resolve some of the debates surrounding the US Constitution, the Great Compromise called for which of the
following?
A)
a process of judicial review
B)
a system of checks and balances
the creation of a bicameral legislature
D
the return of runaway slaves to their owners

Answers

Answer:

c

Explanation:

Russians were unhappy with Czar Nicholas for all of the reasons EXCEPT: A-a serious shortage of food B-the czar's poor leadership during the war C-the czar removing Russia from World War I D-His wife was from Germany​

Answers

Answer:

C) Czar removing Russia from WW1.

Explanation:

All of the other options are true reasons why most Russians hated the Czar, except for C.

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