Free Trade Before World War Essay

190 Words1 Pages
Before World War two, imports were based on tariffs and taxes on imported products and thereby forcing the products to be sold at a higher rate in those markets..Today free trade as a new phenomenon helps when one country trys to sell its products to another country . In the other hand tariffs are actually good at protecting domestic companies. Tax on imported goods makes the own country’s products more competitive within the borders ,because the other competing products from outside the country are more expensive and this tax and tariffs on imported products is a protection agianst products within their own borders ,but on the other hand taxes raise consumer prices and that's generally a bad thing ,so it causes a trade off .
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