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Southern Planters Were Against Imposing Higher Tariffs on Foreign Imports

Question 9

Multiple Choice

Southern planters were against imposing higher tariffs on foreign imports during the panic of 1819 because tariffs


A) punished farmers, manufacturers, and traders.
B) punished rather than benefited local manufacturers.
C) raised the price of manufactured goods while agricultural profits declined.
D) raised the price of manufactured goods and triggered a spike in agricultural gains.

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