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Hadley Reyes
History
22 March, 08:41
Why would a country use Tariffs
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Adrianna Le
22 March, 09:07
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There are various reasons a country choose to use tariffs like protection for nascent industries, national defense purposes, combating aggressive trade policies, and environmental reasons (are common examples).
A tariff is meant to alter the balance of trade between the tariff-imposing country and its international trading partners (a tax imposed by a governing authority on goods/services entering/leaving the country focused on a specified industry/product).
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