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  • 16-12-2020
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What was the protective terif placed on

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vdm74
vdm74 vdm74
  • 16-12-2020

Answer:

Protective tariffs are tariffs that are enacted with the aim of protecting a domestic industry. They aim to make imported goods cost more than equivalent goods produced domestically, thereby causing sales of domestically produced goods to rise; supporting local industry.

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