Do you think tariffs are necessary for the protection of domestic industries?
Do you think tariffs are necessary for the protection of domestic industries?
Homework Answers
Yes, Tariffs are necessary for cover of the domestic
industries.
Tariffs plays an enormous role within the protection of domestic
industries.
Tariffs are the taxes which are to be paid on the imports. These
taxes are imposed so prices of the imports raises which as a result
provides a foothold to the domestic companies.
These taxes are vital as they stops the unfair trading
practices.
It protects domestic industries from the foreign competition and it
makes imports a touch higher to buy.
-If the tariffs wouldn't be made then imports will get cheaper and
therefore the demand from foreign country will increase. It'll
cause unemployment within the nation which is extremely bad.
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Do you think tariffs are necessary for the protection of
domestic industries?
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