Question

How do tariffs work to protect a nations industry and goods manufacturing

Answer 1

Tariffs are trade barriers that are meant to protect a nation’s best interests. They are taxes placed on imported goods to make foreign products more expensive. Since these goods are more expensive, consumers tend to select the less expensively made goods that were produced by their own country’s manufacturers. This process encourages industry within the home country. Therefore, tariffs can help shelter a country’s economy.

Step-by-step explanation:

Sample response :)

Answer 2

Answer: Tariffs levy a tax on any product or service coming into the nation. It helps industry by reducing the national market's competition with the international market's. People will most want to buy cheap items without the tariff from the nation rather than get it from another country.