bellaortega21 bellaortega21
  • 12-05-2017
  • Business
contestada

What are tariffs? What are some of the harmful effects of tariffs?

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jessieg jessieg
  • 12-05-2017
A tariff is a tax on exported goods, if a tariff is too high then it will increase the cost of the item so the people who are buying have to pay more.
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avian1231
avian1231 avian1231
  • 12-05-2017
a tariff is a tax on goods that are either exported. tariffs can limit trading which can be harmful since having a high tariff rate would discourage other countries to trade with you, not allowing for any forigen income to flow in.
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