Asked by c

Do Tariffs help us to maintain a favorable balance of trade and balance of payments?
Answered by Ms. Sue
What do you think? What is the purpose of tariffs? We'll be glad to critique your answer.
Answered by c
tarrifs are used to controll imports and allow production to adjust to consumer demand
Answered by Ms. Sue
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
Answered by Z
Perhaps you should read Chapter 3 and find out! ;)
Answered by tim
do you feel tariffs helps us to maintain a favorable balance of trade and balance payments?
Answered by Tash
Why be rude when someone is asking for help?
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