Explain How an Import Tariff Results in an Import Ban

question 152

Essay

Explain how an import tariff results in an import ban.

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Definitions:

Prestige

The respect and admiration that a particularly successful or influential person or entity is regarded with, often due to their achievements.

Silk Road

An ancient network of trade routes that connected the East and West, facilitating not only the exchange of goods but also ideas and cultures.

Ocean

A vast body of salt water that covers approximately 71% of the Earth's surface, divided into five major oceans.

Working Class

A socioeconomic group consisting of individuals engaged in manual labor or industrial work, often recognized for their role in the production process and the economy.