Question

How might the workers at a factory in the northeast react to the lowering of the tariff

Answer 1

Question :

How might the workers at a factory in the northeast react to the lowering of the tariff?

Answer :

Lower tariffs would mean imported manufactured goods from Europe (which were of far higher quality than American ones) would be cheaper,and the competition could thus drive the owner of the factory where they worked out of business and leave the workers unemployed.

Answer 2

The lower tariffs will enable the Americans to buy more goods from the European and as a result U.S factory will be out of business.

Explanation:

• Tariffs are described as the tax which is one export and imports between sovereign states and it is mostly used to restrict the imports thus increasing the price of services and goods.
• Lower tariffs will mean  imported goods which had high quality in Europe  more than America will become cheaper and as results worker can end up being unemployed.
• The workers will be mostly affected with the lower tariffs due to the decrease of both imports and export.

To learn more

How might the workers at the factory in the northern react to lower tariff

brainly.in/question/3150286

What was the impact of the Fordney Mc Cumber Tariff

brainly.in/question/16428770