Do Tariffs help us to maintain a favorable balance of trade and balance of payments?
6 answers
What do you think? What is the purpose of tariffs? We'll be glad to critique your answer.
tarrifs are used to controll imports and allow production to adjust to consumer demand
Right. Do you think they help us maintain a balance of trade and a balance of payments?
These sites should help you answer that question.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=513761
http://en.wikipedia.org/wiki/Trade_surplus
http://en.wikipedia.org/wiki/Tariff
These sites should help you answer that question.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=513761
http://en.wikipedia.org/wiki/Trade_surplus
http://en.wikipedia.org/wiki/Tariff
Perhaps you should read Chapter 3 and find out! ;)
do you feel tariffs helps us to maintain a favorable balance of trade and balance payments?
Why be rude when someone is asking for help?