Could lead to retaliation, raise import duties, cost more to export globally.
Other countries will use FREE TRADE so will not trade with country using PROTECTIONISM.
7. Who supports PROTECTIONISM?
Farmers, leading german manufactures, Junkers and industrialists
National Liberals, SDP and Zentrum
Leading German manufactures, Zentrum, Junkers and National Liberals
8. What was the last straw in Bismarck's partnership with National Liberals?
Their supoport of Protectionism
Their support for free trade
Their support of International goods
9. Disadvantage of PROTECTIONISM?
Goods from other countries are more expensive
Good from other countries are of date by the time they make it to
Good from from countries are minimal
10. What did Bismarck do in 1879?
Proposed tariffs on iron goods, grain and coal. It was pased in Reichstag by Conservatives, free Concervatives centre party and 12 National Libers 'tariff rebels'.
Proposed tariffs on iron goods. It was pased in Reichstag by Conservatives, free Concervatives centre party and 12 National Libers 'tariff rebels'
Proposed tariffs on iron goods, grain and coal. It was pased in Reichstag by Conservatives, centre party
11. Final advantage of PROTECTIONISM??
Products sourced internationally cost much less tham international goods.
Increased price of imports - encourages poeple to buy local goods
Local goods are too expensive
12. Another disadvantage of FREE TRADE?
Local farmers will have to pay a lot for their products to be sold
The government will get less money from taxes, so will have less to spend for the country.
Tax on the products will be extemely high
13. What is one advantage of FREE TRADE?
- encourge economic growth, because you can sell goods abroad that have lower raw material and manufactutirng costs, so you will make a high profit.
Local farmers will earn more money
Goverment get more money
14. Another advanatge of PROTECTIONISM?
International good will be cheaper
The Government get more money, from taxes
Government have more power of trade globally
15. A third advatange of FREE TRADE?
Local farmers will earn a lot from it
A larger variety of goods on the market.
Everything single food item avaliable in your local store.
16. Give 2 reasons why Bismarck introduced protective Tariffs?
- not sympathetic to Junker Class and The price of wheat and rye was declining (1871 = 6000marks per tonne, 1879 = 999marks per tonne)
- Sympathetic to Junker Class and The price of wheat and rye was declining (1871 = 283 marks per tonne, 1879 = 198 marks per tonne)
- Sympathetic to Junker Class and The price of wheat was rising (1871 = 700marks per tonne, 1879 = 400marks per tonne)
17. What happened to negotiations between Bismark and NLs in 1877?
Broke down when Liberals then insisted that a futher congress should also join the Prussian Governmant (right wing)
Broke down when Liberals then insisted that a futher congress should also join the Prussian Governmant (left wing of party)
Broke down when Liberals then insisted that a futher congress should also join the Russian Government
18. What happened in the 1877 election?
Nls lost seat
Zentrum lost 67 seats
19. What is the definition of PROTECTIONISM?
Having no tariffs on imports or exports.
Having no tariffs on imports/exports but having extra security.
Introducing duties on imports.
Introducing duties on some imports, and high security methods.
20. A second advantage of FREE TRADE?
Brand items will all cost the same
Goods will be cheaper because there will be more competition between brands to lower prices, as all are accessible.
