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December 20, 2014

Homework Help: Economics

Posted by Kayla on Tuesday, May 15, 2007 at 4:47pm.

Describe the effects of protective tariffs. Why might a government limit free trade in this way?

I know that a protective tariff is designed to protect a domestic industry but i can't figure out the rest of the question.

Governments impose tariffs on imported goods so that people will buy goods made in their own country.

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