Protective taiffs are considered positive because _____.

 Protective tariffs are considered positive because they aim to protect domestic industries from foreign competition. By imposing taxes on imported goods, they make these goods more expensive, which can discourage imports and encourage consumers to buy products made within their own country. This can help to maintain jobs and potentially lead to more investment in domestic production. Furthermore, protective tariffs can generate government revenue and can be used as a tool to address trade imbalances.

Extra: A tariff is a tax imposed by a government on goods and services imported from other countries. Tariffs are a tool used in trade policy and can serve several purposes. Protective tariffs, specifically, are designed to shield domestic businesses and workers from overseas competition. Here's a bit more about tariffs and their effects:

1. Revenue Generation: Tariffs are a source of income for governments, providing funds that can be used for public services.

2. Industry Protection: By making imported goods more expensive, tariffs can lower the competition faced by homegrown enterprises, allowing them to grow and maintain their workforce.

3. Infant Industry Argument: Some economists argue that young or "infant" industries in a country may need protection from established foreign rivals until they can become competitive. Tariffs are one way to provide this protection.

4. Retaliation and Negotiation: Sometimes, tariffs are used as a retaliatory measure against other countries that apply tariffs on exports or as a negotiation tool to get other countries to reduce their barriers to trade.