Which statement best explains why a tariff is considered a trade restriction

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Baron Dickinson · Accepted Answer

There are taxes added to the cost. Some countries don't have as much money for the extra charge, restricting them from trading certain items.

Baron Dickinson · Answer

Assuming that this is referring to the same list of options that was posted before with this question, the correct response would be that tariffs make imports more "costly," since this discourages the exporting country in question.

Baron Dickinson · Answer

D) Tariffs result in higher priced imported goods and lower priced domestic goods.Explanation:A tariff is a tax on an imported good. Tariffs have been used several times throughout American history in order to protect American businesses. This is due to the fact that tariffs increase the price of foreign goods. This makes foreign countries less likely to trade with the US, as it makes their goods more expensive than goods made within the United States. This is why a tariff is considered a trade restriction.

Baron Dickinson · Answer

Tariffs result in higher priced imported goods and lower priced domestic goodsExplanation:I just got it right.

Baron Dickinson · Answer

The correct answer is: "tariffs reduce imports"A tariff is a tax on imported products set by a goverment, which makes products from foreign producers relatively more expensive so that they cannot compete in equal conditions with domestic products.If the price of foreign products increases, the domestic demand will switch to cheaper domestic substitutes. The demand for imports will decrease and the amounts imported will be reduced, this is why tariffs are considered trade barriers.

Baron Dickinson · Answer

A tariff is a tax put on imported/exported goods. raising a tariff would cause a country to not want to trade with another country because it costs more than gains.

Baron Dickinson · Answer

A tariff is a trade restriction because tariffs are regulations regarding the import of goods. High tariffs means that things imported have to be taxed more, so that means that those things will be more expensive, and the goal of this is to support domestic products and manufacturers. They are a trade restriction because they are made by the government as a restriction on free importing.

Baron Dickinson · Answer

The answer will help u.Answer is D.

Quinten Schmeler

Which statement best explains why a tariff is considered a trade restriction

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