Business, 23.04.2020 07:41, davisnaziyahovz5sk
It was theorized that increased tariffs would help American businesses, especially farmers, stay in business during the tough economic conditions. The new tariff imposed an effective tax rate of about 60% on more than 3,000 imported items. What did government leaders hope the result of the new tariff would be?
decreased production of agricultural goods
decreased tax rates for imports
increased sales for domestic producers
increased reliance on foreign production
c. increased sales for domestic producers
Answers: 1
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