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20 September, 02:02

Revenue tariff definition

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  1. 20 September, 04:49
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    Tariffs have historically served a key role in the nation's foreign trade policy. Their purpose was to generate revenue for the federal government and also to allow for import substitution industrialization by acting as a protective barrier around infant industries ... After 1942 the U. S. promoted worldwide free trade. a tariff imposed principally to raise government revenue rather than to protect domestic industries.
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