The Federalist Party in the North believed the best way to develop the U.S. economy was to enact a protective tariff. What is the purpose of a protective tariff?

A. To protect and promote international trade.
B. To increase competition between the U.S. and other countries.
C. To allow foreign goods into the country with a low tax.
D. To protect and promote domestic manufacturing and trade by raising

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29-08-2022
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The Federalist Party in the North believed the best way to develop the U.S. economy was to enact a protective tariff. What is the purpose of a protective tariff?

A. To protect and promote international trade.
B. To increase competition between the U.S. and other countries.
C. To allow foreign goods into the country with a low tax.
D. To protect and promote domestic manufacturing and trade by raising

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Parrain Parrain · Answer 1 · 2022-08-31T16:24:26+02:00

The purpose of a protective tariff as imposed by the Federalist party is D. To protect and promote domestic manufacturing and trade by raising the prices of imports.

Why protective tariffs?

Protective tariffs are imposed by a nation to make imports more expensive as compared to the domestic products and trade.

The hope is that because the imports are more expensive, people would buy the domestic products more which would therefore protect them from competing with imports.

Find out more on protective tariffs at https://brainly.com/question/14274254.

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