Ask Question
29 October, 15:42

What are tariffs and how do they impact the economy

+3
Answers (1)
  1. 29 October, 18:44
    0
    Tariffs are taxes on certain imported and exported goods and it impacts the economy by encouraging trade, and because goods imported from other countries are usually more expensive than domestically produced goods because of the tariffs placed on them.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What are tariffs and how do they impact the economy ...” in 📘 Geography if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers