MAKING OF A NEW NATION 1776 1800
THE ARTICLES OF CONFEDERATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Choose all that apply! Some international problems included ____
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Jet planes were outlawed
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Spanish officials closed the lower Mississippi River
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Great Britain imposed high tariffs on imports and exports
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Slavery was only allowed in the North
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Explanation:
Detailed explanation-1: -Tariffs hurt consumers because it increases the price of imported goods. Because an importer has to pay a tax in the form of tariffs on the goods that they are importing, they pass this increased cost onto consumers in the form of higher prices.
Detailed explanation-2: -The major obstacles to international trade are natural barriers, tariff barriers, and nontariff barriers.
Detailed explanation-3: -A tariff is a tax levied on an imported good with the intent to limit the volume of foreign imports, protect domestic employment, reduce competition among domestic industries, and increase government revenue.
There is 1 question to complete.