Asked by Johnny Reyes on May 08, 2024
Verified
The industrial North wanted the _______ to buy their goods rather than import goods from ________ so they erected ____________ tariffs.
Industrial North
The region in a country, historically in the United States, known for its heavy industry and manufacturing, contrasting with the agrarian South.
Protective Tariffs
Tariffs imposed by a country to protect its domestic industries from foreign competition by increasing the cost of imported goods.
- Comprehend the historical framework of U.S. trade policies and their effects on the economy.
- Evaluate the repercussions of tariffs and trading agreements on international commerce dynamics.
- Identify the techniques countries apply to improve their standings in trade, such as focusing on international markets and enforcing protectionist actions.
Verified Answer
AB
Learning Objectives
- Comprehend the historical framework of U.S. trade policies and their effects on the economy.
- Evaluate the repercussions of tariffs and trading agreements on international commerce dynamics.
- Identify the techniques countries apply to improve their standings in trade, such as focusing on international markets and enforcing protectionist actions.