94.2k views
4 votes
Describe the reasons for charging protective tariffs.

User Laktak
by
3.4k points

1 Answer

5 votes

Answer:

In addition to taxes, duties, and fees, tariffs can take the form of other restrictions on imported goods. The purpose of protective tariffs is to foster the growth of local industries and protect them from a flood of cheap foreign goods.

Step-by-step explanation:

User Abraham Vegh
by
3.4k points