Fair Trade
Lets charge a tarrif on imported goods that is equal to Tarrif charged by exporting country on our goods. For example China Charges 25% on our good going to their country so we should do the same. If we make it fair trade, than we will have free trade. By having these tarriffs , we will also encourage domestic production as well becase there will be more profit in domestic production. It will also decrease imports improving ...more »
Lets charge a tarrif on imported goods that is equal to Tarrif charged by exporting country on our goods. For example China Charges 25% on our good going to their country so we should do the same. If we make it fair trade, than we will have free trade. By having these tarriffs , we will also encourage domestic production as well becase there will be more profit in domestic production. It will also decrease imports improving our trade balance
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