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

From which two cities did the religion of Islam spread?
1)Rome and Athens
2)Mecca and Medina
3)Milan and Damascus
4)Tours and Vienna

Answers

Answer:

B

Explanation:

got a 100%

how did President Jefferson's desire to purchase the Louisiana territory go against his interpretation of the U.S consititution

Answers

Answer:

· In completing the Louisiana Purchase, Jefferson had to put aside his principles because this type of transaction was not expressly mentioned in the Constitution. Had he waited for a constitutional amendment, however, the deal might have fallen through. With the support of the American people, Jefferson decided to go through with the purchase.

SOME PLEASE HELP ME WITH THIS!!!! it’s due today so please help :/

Answers

Answer:

ummmm... the 4th one as a International intellectual movement

which of the following statements best explains why the United States began supporting Greece and Turkey in 1946? select all that apply. (Multiple Choice)

A. The red army had invaded Greece towards the end of the war and they refuse to leave

B. Turkey was at risk of falling to communism because of their close proximity to the Soviet union

C. Stalin wanted to gain control of turkey because it was the first step in getting control of Asia.

D. A Civil War eruption between communist and non-communist and Great Britain could no longer afford to help support the non-communist

Answers

Answer: B and D

Explanation:

Name 5 states that the U.S added from 1816-1821

Answers

Indiana territory
Mississippi territory
Illinois territory
Alabama territory
Massachusetts (District of Maine)

What led to food riots in Boston and some other areas in 1781?

Answers

On Tuesday, October 9, 1781, at 5:00 that afternoon, as an American flag unfurled over Grand Battery 13A at Yorktown, George Washington personally set light to an eighteen-pounder announcing to Charles Cornwallis that his end was not far off. As the hurtling ball spent itself, it left behind a wake of devastation killing the British Commissary-General and injuring two other officers gathered together for their evening meal. For Massachusetts officer Lieutenant Colonel Ebenezer Stevens, in charge of attending Henry Knox’s artillery park that day, it was no doubt an eminently satisfying result.[1]

While the thirty-year-old Stevens already possessed an extraordinary amount of experience in the patriot cause as an early leader at the Boston Tea Party, a member of the Quebec expedition and later assuming the duties as the leading artillerist of the Northern Department, witnessing the final moments of the war surely ranked high on his list of achievements. However, had he known what was taking place back home at that very moment, where the “fruits” of the conflict he was helping to bring to an end were beginning to make themselves known, he could be excused if he paused to reflect on what it all meant for his nation’s future.

The year 1781 marks not only the end of wholesale fighting in North America, but also the unveiling of other unanticipated and unforeseen forces about to radically change the patriots’ perceptions of what the Revolution was all about. From a large, macro perspective, this was the year that the Articles of Confederation, first drafted in 1777, were ratified in March resulting in the creation of what proved to be a largely ineffective federal government that did little to inhibit the sovereignty that the individual states continued to cling to. And on the micro level, much was also amiss.

Help me with a,b,c,d of the question

Answers

Answer:

B.

thank me later!

hahahahaha

Who proposed taxing the nobles and clergy

Answers

Answer:

Calonne

Explanation:

As a last resort, Calonne proposed to the king the suppression of internal customs duties and argued in favor of the taxation of the property of nobles and clergy.Under the pressure of the opposition, Louis XVI dismissed Calonne in 1787 and exiled him to Lorraine.

Answer:

Jacques Necker

Explanation:

How were slaves Viewed by people in the Southern/slave states?

Answers

Answer:

Slaves were viewed as nothing more than vessels for making money. They were seen as subhuman and below the while man.

Explanation:

Answer:

Slaves were seen simply as money-making boats. They were known as sub-human and beneath the average citizen.

Explanation:

Hope this helps ⊂(・﹏・⊂)

ドキドキしてる。

よろしくお願いします

What was an "act" (such as the Intolerable Acts) in the late 1700s meant to serve as? A A declaration of war. B. A business transaction. C. An imposed tax. D. A treaty between nations.​

Answers

Answer:

A business transaction. hope this helps

Examine the political cartoon. Then, in three to four sentences, answer these questions:
Who do you think the characters in the cartoon are?
• What do you think they represent?
What idea do you think this cartoon is trying to express?
WESTERN EMAS WERE

Answers

Answer:

The character aside in the political liveliness appears, apparently, to be an American chief staying on the Western Hemisphere. He tends to the United States. The characters to the advantage are European pioneers. They address the European nations. The activity is conveying that the United States has taken up the piece of the protector. It is getting the nations in the Western Hemisphere from European dominion.

Explanation:

This is a re-wording on the edmentum sample answer.

The first Political Party in the United States?

Answers

The First Party System of the United States featured the "Federalist Party" and the "Antifederalist Party" which became known as the "Democratic Republican Party".

What is the general purpose of the chorus in Greek plays?

Answers

Answer:

The role of the chorus in drama is much like the role of the narrator of a novel or story. The chorus can also provide foreshadowing or humor.

How did the Romans' tolerance of religion add to the stability and growth of the empire?
Write a 3-5 sentence paragraph answering this question in complete sentences about the Roman Empire.

Answers

Answer:

it helped keep peace as freedom of religion was very rare at the time

Explanation:

During the time in which the Roman empire was a powerhouse they did something that wasnt very common. they allowed people to practice their own religions, This means that without having to fear rebellion from religious groups they could befriend them and help each other grow and thrive. since the religious freedom was granted to annexed countries and groups of people they felt more willing to work with the empire and sometimes it was demanded to work for the Roman's in order to keep religous freedom. this created a stable country with a stable goverment and this is one of the key factors as to why Rome lasted so long.

I will give reward to whoever answers correctly :D

Good luck!!!

Answers

Answer:

c

Explanation:

Answer:

i need to see the text to be able to answer it.

what was 2 reasons for the taliban to shoot malala
will give brainliest

Answers

Answer:

1.Because she stood up for children rights/women rights and being able to school she basically spoke against them

2.Because they are the Taliban they dont care and want to take over that place

Explanation:

The scientific Greeks strive for what kind of _____ that they called arête

Answers

The answer is Intelligence

The black triangle on the map above most likely represents...
A. New Orleans, LA
B. Boston, MA
C. The Missouri River
D. Washington, D.C.

Answers

Answer:

can you please upload a picture of the map

FOR ANYONE WHO WATCHED THE MEDICI please answer this. When and where does the show first take place in season 1 episode 1.

Answers

Answer: The series premiered in Italy on Rai 1 on 18 October 2016. ... The first season, titled Medici: Masters of Florence, takes place in 1429

Explanation:

Answer:

i agree with: maripala6988

Explanation:

also you are my imposter im toga

PLEASE HELP ASAAP!!! I NEED THE CORRECT ANSWER NOW! IF CORRECT WILL MARRKK BRAINLEST IF BOTH YA'LL WRONG I'LL MARK WHOEVER ANSWERED BEST!!
Which of the following contributed to the growth and success of the Roman Empire?
a system of representative government
religious toleration of conquered peoples
trade networks with India and Africa
the assassination of Julius Caesar

Answers

Answer:

Religious Toleration.

Explanation:

I have found the most evidince supporting this answer than anyhing else.

trade networks with india and africa

1. Explain what is the Constitution?
Why does a now nation need one?

Answers

Answer:

Particularly through its amendments, the Constitution guarantees every American fundamental rights and protection of life, liberty, and property. Our Constitution created an effective national government, one that balances expansive powers with specific limits.

Explanation:

How does industrialization in the U.S led to urbanization

Answers

Answer:

Industrialization leads to urbanization by creating economic growth and job opportunities that draw people to cities. Urbanization typically begins when a factory or multiple factories are established within a region, thus creating a high demand for factory labor.

Explanation:

Which family member was Franz Ferdinand disliked by?

Answers

The answer is Hapsburgs

Answer: Sophie Chotek

Explanation:

she was unsuitable for their family dynasty.

E
What is Long referring to when he talks about this land
flowing with milk and honey"?
Read from Huey Long's speech to the US Senate.
There is nothing wrong with the United States. We have
more food than we can eat. We have more clothes and
things out of which to make clothes than we can wear. We
have more houses and lands than the whole 120 million
can use if they all had good homes. So what is the
trouble? Nothing except that a handful of men have
everything and the balance of the people have nothing if
their debts were paid. There should be every man a king
in this land flowing with milk and honey instead of the
lords of finance at the top and slaves and peasants at the
bottom.
-Huey Long,
February 5, 1934
O a nation where most of the wealth is controlled by
only a few people
O a Louisiana that has a large agricultural yield and
food for all
O an America where there is more than enough for
everyone
O a simpler time when everyone's needs were met
Intro
Done

Answers

I think it is A. Tell me I am wrong.

Answer:

The answer is C or an America where there is more than enough for everyone

Explanation:

Edge 2021

Do you think King louis would have gone to Paris if men had marched instead of women ?

Answers

Answer:

No.

Explanation:

No, King louis would not have gone to Paris if men had marched instead of women because men are more aggressive and there is a possibility that they provide harm to the king louis so the king did not go to Paris. The king knew that the women did not create violence so for that purpose he gone to Paris and also meet their leader women and fulfill their demands.

PLS HELP!!! I have no idea what this means, so please!
Why was slavery a paradox?

Answers

Answer:

What is the paradox of slavery?

Explanation:

What is the paradox of slavery?

A paradox in the history of slavery in the United States is that many of the opponents of slavery were themselves slave owners (Johnson and Johnson, 2002). One example is George Mason, a slave owner who was a delegate to the Constitutional Convention and authored Virginia's Bill of Rights

Please help if you’ve seen Rock IV :)

Who accepts the fight with Drago and what city will that fight be held in?

Answers

Answer:

rocky

Explanation:

Why did the Allied leaders begin to hold conferences starting in 1943? Select four options.

to decide on strategies to defeat the Axis powers
to decide who would rule the world after Germany was defeated
to promote their personal ideas and agendas
to make plans for the post-war world
to avoid relying on documents written in foreign languages
to decide what would happen to Axis territory after the war
to avoid having to rely on untrustworthy diplomats

Answers

Answers:

1. To decide on strategies to defeat the Axis Powers

2. To make plans for the post-war world

3. To decide what would happen to Axis territory after the war

4. To promote their personal ideas and agendas

People holds conferences for different reasons. The Allied leaders begin to hold conferences starting in 1943 to;

To decide on strategies to defeat the Axis Powers To make plans for the post-war world To decide what would happen to Axis territory after the war

There are many conferences held by the allies. It include the  Tehran, Yalta and Potsdam conference. These Three wartime conferences was known to have shaped Europe and the world.

The Allied powers consist of Winston Churchill, Joseph Stalin, Charles de Gaulle, and Franklin D. Roosevelt.

Learn more about Allied leaders from

https://brainly.com/question/12636097

Which statement is true about the "List of Grievances" in the Declaration of Independence? A. The colonists praised the leadership of King George III B. The colonists complained about the lack of leadership in Great Britain C. The colonists agreed to the Intolerable Acts. D. The colonists listed charges against King George III​

Answers

Listed charges against king George.

Answer:

Your answer is D, I just completed the test and this answer is correct.

Explanation: good luck.

Why was Buddhism Established during The period of disunion

Answers

Answer:

People turned to Buddhism during the Period of Disunion because they took comfort in the Buddhist teachings that people can escape suffering and achieve a state of peace.

Answer:

-People turned to Buddhism during the Period of Disunion because they took comfort in the Buddhist teachings that people can escape suffering and achieve a state of peace.

Other Questions
can u pls help me with this question PLEASE EXPLAIN : With a coupon, you can get a pair of shoes that normally costs $84 for only $72. What percentage was the discount? Look at this image. This is an example of a(n)A. Bisj poleB. Igbo figureC. QuipuD. Pfemba what happen to andi mack Need help ASAP please and thank you will give brain!!!! I NEED HELP W/ OTHER QUESTIONS TOO!!!!!To meet personal health goals, which step involves recognizing a health problem?building skillssetting goalsgaining awarenessmaking decisionsWhich gland starts the process of puberty?ovariestesteshypothalamuspituitary Reduce the ratio to its lowest form. 72:8 help asap due in 5 min. The United States acquired the Oregon Territory when - Question 5 options:a treaty divided US and British claims to the landMexico sold the territory to the United States for $10 millionthe territory's settlers voted for annexation by the United StatesRussia sold the land to the United States for $7.2 million A motorcycle reaches the speed of 40 m / s, how far does it travel in 10 seconds? A cell phone provider offers a plan that costs $40 per month plus $0.10 per text message sent or received. A comparable plan costs $50 per month but offers unlimited text messaging.. How many text messages would have to be sent or received in order for the plans to cost the same each month? Use what you have learned in the reading to answer the following question. The point of a compass needle points to Earths north pole. The point in the compass needle has~the same polarity as Earth's north pole.~the opposite polarity from Earths north pole.~no polarity.~unlimited polarity. If I spend 40$ on 5 pounds on concrete. What is the unit rate in dollars per pound I need the answer and please explain how unit rate works cause I don't know lol NEED HELP ASAP ILL GIVE YOU BRAINLIST A family just removed a big tree from their backyard. The diameter of the circular hole left behind is 7 feet across. Approximately how many square feet of grass will the family need if they want to cover the area where the tree once was? A22 ftB39 ftC44 ftD154 ft Share 20 into the ratio 1:3 solve the equation f/3+22 = 17 Help pls!! QUESTION 5 HELP PLS!! I WILL MARK YOU THE TOP COMMENT!! TANK YOUU! Plzzz help. Why are you taking my phone away?" Susan wondered as she saw her Dad take the cell phone frommy backpacka.internalb. external write a story problem that can be represented with the following equation:7.5x + 15 = 30 Someone plz help me with this