How can tariffs affect the economy of the West? (1 point)
O They can lead to more income.
O They can lead to job loss.
O They can lower the price of goods.
O They can expand the economy.
Answers
Tariffs can affect the economy of the West as it can lead to more income and expand the economy.
What is a tariff?This refers to any form of imposition of tax on goods or servives that are either imported or exported into a country.
Generally, taxation serves as a form of income generation and forms a large chunk of revenue for every country.
The revenue from tax lead to more income and are used to expand the economy in form of government spending.
Therefore, the Option A and D is correct.
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Related Questions
Why did many leaders want to replace the Articles of Confederation?
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They believed states needed more power.
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Answer:
They wanted a stronger central government and a chief executive with powers.
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Explanation:
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As a result, the Panama Canal linked the Pacific ocean to the Atlantic ocean which was the location of both coasts in the United States.
Find out more on the Panama Canal at https://brainly.com/question/1155424.
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Answer:
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Europeans changed the economy from a model of producing foods for the need to mainly the production of cash crops. All crops produced by Africans were exported and prices were set by the colonies. Africans were not allowed to grow these cash crops to benefit themselves.
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summit learning
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Answer:
Lots of people flooded into oil regions, leasing land from local ranchers, selling oil rig equipment, building rigs, and operating oil equipment. Without oil, she could not move.
Explanation:
Hope this helps:)...if not then sorry for wasting your time and may God bless you:)
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Answer:
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Answers
Answer:
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Explanation:
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Answer:
A, B, C
Explanation:
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Answer:
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Explanation:
Edge, 2022.
(See attachment below.)
Please give the other person brainliest, they helped me get this question correct! Good luck on the quiz!
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Answer:
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Answer:
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Answer: black
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Answer:
Explanation:
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if im right can i get brainly pls
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Explanation:
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Answer:
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Answer:
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Answer:
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Answer:
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Answer:
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Answer:
c
Explanation:
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Answer:
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