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Ochoa
History
16 April, 22:06
Define protective tariffs
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Holden Johnson
16 April, 22:19
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Protective tariffs are tariffs that are enacted with the aim of protecting a domestic industry. Tariffs are also imposed in order to raise government revenue, or to reduce an undesirable activity.
protective tariff. A duty imposed on imports to raise their price, making them less attractive to consumers and thus protecting domestic industries from foreign competition.
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