Sign In
Ask Question
Brandon Walter
History
3 February, 03:35
How did tariffs affected American merchants?
+5
Answers (
1
)
Felicity Kirby
3 February, 03:57
0
It is not mentioned in the question which country sets the tariffs. There would be two possibilities (the American goverment sets the tariffs in the US border, or foreign countries set tariffs in their territory that affect products which come from other coutries like the US). I understand that in this case you refer to the latter option, as it is the one which produces a more direct impact on American merchants.
If foreign countries set tariffs in their frontiers to protect their national producers, in case American merchants want to commercialize their products there, these products will not compete in equal conditions anymore with the ones manufactured in the country of destination.
The American producers see how their costs of production have been increased, and the market price of their goods will be forced to increase over the price they would have had if there were no tariffs. The potential of American firms to compete in prices with national producers is much lower, and they will possibly lose customers in the foreign market and hence, decrease their sales.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Find an answer to your question 👍
“How did tariffs affected American merchants? ...”
in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What do modern day democracies have in common with Athens today and why does representative democracy work better for the United States?
Answers (1)
Write a newspaper article describing the forced relocation of the Cherokee to Oklahoma. Be sure to include a headline.
Answers (1)
What are the main countries to which the Irish emigrated during the famine?
Answers (1)
This clause in the U. S. Constitution gives the central government overall authority over the states. a. equal protection clause c. due process clause b. necessary and proper clause d. supremacy clause
Answers (1)
What were two important factors that isolated China from the rest of the world? Question 1 options: Long distances The practice of Buddhism Having flat land open to attacks Natural barriers Nothing could grow in China due to its climate
Answers (1)
New Questions in History
Who has the legal power to determine whether a law is constitutional? the Supreme Court O the chief justice O Congress the president ary ary tebo.
Answers (1)
Prior to the supreme court case gideon v wainwright why was clarence gideon in jail
Answers (1)
Which of the following contributed to the downfall of the Roman Empire but not the Han Dynasty? A: It split into western and eastern empires B: It grew too large to govern efficiently C: It was attacked by foreign invaders D: It was led by weak
Answers (1)
What was a big theme in mein kampf? a. plans for the perfect democracy b. hatred of the treaty of versailles c. ideas about workers' rights d. interest in communist ideas
Answers (1)
Who was the United States representative in 1972
Answers (2)
Home
»
History
» How did tariffs affected American merchants?
Sign In
Sign Up
Forgot Password?