business

Please help!
Does tariffs helps maintain a favorable balance of trade and balance of payments?

  1. 👍 0
  2. 👎 0
  3. 👁 24
asked by Denise
  1. Thank you for using the Jiskha Homework Help Forum. Please try the following:

    1. http://en.wikipedia.org/wiki/Tariff

    2. (economic effects): http://economics.about.com/cs/taxpolicy/a/tariffs.htm

    3. (Broken Link Removed)

    Sra

    1. 👍 0
    2. 👎 0
    posted by SraJMcGin
  2. Tariffs may temporarily improve the trade balance by reducing imports, but retaliatory tariffs, boycotts and penalties imposed by international trade organizations will ultimately be harmful to the consumer.

    1. 👍 0
    2. 👎 0
    posted by drwls

Respond to this Question

First Name

Your Response

Similar Questions

  1. business

    Do Tariffs help us to maintain a favorable balance of trade and balance of payments. Please explain deeply.

    asked by In need of help on November 6, 2007
  2. Business

    Do Tariffs help us to maintain a favorable balance of trade and balance of payments. Please explain deeply.

    asked by Desperately in need on November 6, 2007
  3. S.S

    Tariffs help us to maintain a favorable balance of trade and balance of payments. is this true? why or why not. Please help

    asked by please help me...............paper due on November 10, 2007
  4. business

    do tariffs help us to maintain a favorable balance of trade and balance of payments.

    asked by in serious need of help on November 8, 2007
  5. business

    do tariffs help us to maintain a favorable balance of trade and balance of payments?

    asked by susan on November 10, 2007
  6. Business Technology

    Do Tariffs help us to maintain a favorable balance of trade and balance of payments?

    asked by c on September 13, 2007
  7. Business and Technology

    How would tariff help attain favorable balance of trade and balance of payments? Check the Accounting Dictionary's explanation of tariffs at this site. http://www.answers.com/topic/tariff

    asked by Ne Ne on May 10, 2007
  8. Business management class

    In global trade, when the difference between money coming into a country from exports and money leaving a country due to imports or money flows from other factors is known as the A. balance of payments. C. balance of trade. B.

    asked by April on January 30, 2012
  9. Literacy

    In global trade, when the difference between money coming into a country from exports and money leaving a country due to imports or money flows from other factors is known as the A. balance of payments. C. balance of trade. B.

    asked by Heather on January 23, 2012
  10. Java

    Can someone please help me out!!!I included what I have so far.. *Purpose: Say that you owe the credit card company $1000.00. The company charges you 1.5% per month on the unpaid balance. You have decided to stop using the card

    asked by Railly on November 26, 2007

More Similar Questions