Question

What is a protective tariff?

Answer 1

Protective tariffs are tariffs that are enacted with the aim of protecting a domestic industry. They aim to make imported goods cost more than equivalent goods produced domestically, thereby causing sales of domestically produced goods to rise; supporting local industry.

Step-by-step explanation:

Protective tariffs are imposed on imported products so as to protect local businesses and the domestic market. As a result of such an imposition, there is growth in domestic consumption and local industries.

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Answer 2

protective tariff. A duty imposed on imports to raise their price, making them less attractive to consumers and thus protecting domestic industries from foreign competition.

Step-by-step explanation:

Hope this helps! -C.E.M.