44.3k views
1 vote
How can a tax on Foreign Sugar and imports "encourage" trade with England?​

User AaronMT
by
7.3k points

1 Answer

2 votes

Answer:

A tax on foreign sugar and imports can encourage trade with England by creating an incentive for buyers to purchase sugar from England instead of from foreign sources. This could be accomplished through a reduced tax rate for sugar imported from England. This would make it economically advantageous for buyers to purchase sugar from England, thus increasing trade with England.

User DanielsV
by
7.1k points