Tariff and non-tariff barriers

Essay specific features

 

Issue:

Business

 

Written by:

Landon O

 

Date added:

August 6, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

5 / 1213

 

Was viewed:

9477 times

 

Rating of current essay:

 
Essay content:

Tariffs do benefit the government by increasing the revenue and also benefit home-based businesses by decreasing foreign competition. The tariff also helps protect jobs in the industry that has eliminated the foreign competition but a negative impact is felt because it causes the consumer to pay more for a product that is imported (Hill, 2004)...
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If a country it prone to levy tariffs on items that an organization may need, it would increase the risk of doing business while located in that company. By having a country manufacture or produce product that can be done for less elsewhere is not a wise utilization of resources and in turn harms global trade...
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