Developed countries ought to offer higher tarrifs for in order to grow be developed. I totally disagree with this idea becuase it trigger to lose thier clients, while other methods do not.
Through introducing high tarrifs, businesses of local idustries may start decreasing. As we know, not everyone can afford expensive tools or services due to the financial insufficiency. If industries artificially increse the price of services or commodities that they produce, local families may not afford them and them will be discouraged form buying or utilizng these commodities and services. Taking the United States into account, as certain local industries have offered extremelly high tarrifs for theor services, they have lost numerous customers, and their businesses have faced liquidity as result, proving that setting high tariffs may lead to discouraging industries’ clients from utilizing these services or products.
Instead of prioritizing high tariffs for services or commodities, local inndustries need to be encouraged to pay more attention to the products effectivity and productivity and they are provided with sufficient tools. Provided that these factories or companies offer effective commodities with afordable prices, the number of cutomers may increase, due to the low prices for these services. In Japan, for instance, many corporations have focused on the products’ quality, neglecting setting high prices, and it result in rise of the clients. This illustrates that, by offering effective commodities, local industries may work effectivelly.
In conclusion, I completelly disagree with the idea of setting high tariffs for services or products in that it lead to decrease of clients number and they need to follow another effective way.