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Research information on current tariffs and examine their impact on the domestic economy and competitive strategies....

Research information on current tariffs and examine their impact on the domestic economy and competitive strategies. Please I want real time examples with explanation

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. The current address in US is about 2% on industrial goods it examine that industrial good are on high demand in US and at the present situation it is fixed at the rate of 2%.
The impact of this tariff rate on domestic economy is positive and it increases the competitive strategies in the country.
Economy gets the benefit to import more industrial goods because as per the current scenario the tariff rate of 2% is very nominal.
The tariff rate is not fluctuating it means it is efficiently implemented all the necessary policies for industrial sector.
Competitive strategies are also affected with the import policies and the tariff rate because if the tariff rate is nominal and if any company imported the goods from abroad in comparison to to the Purchase of goods from the domestic Industrialist then it will provide of way ahead revenue benefit to maintain the cost structure and to give goods at a very nominal price to the consumer in the domestic territory

Rahul Sunny answered 2 months ago
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