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Herold Financial Dictionary: What Is a Protective Tariff?

Curated by ACT

To understand international trade, it is important to understand how tariffs work. This article explains one kind of tariff, the protective tariff.

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Concepts
free trade
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Additional Tags
herold financial dictionary: what is a protective tariff?, foreign products, protective tariff, protective vs. revenue tariffs
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Classroom Considerations
  • Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)