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tariffs to producers in importing and exporting countries

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We know that a tariff raises the price of a good in the importing country and lowers it in the exporting country.

As a result of these price changes, do producers lose or gain?

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This answer provides you an excellent discussion on tariffs to producers in importing and exporting countries.

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We know that a tariff raises the price of a good in the importing country and lowers it in the exporting country.

As a result of these price changes, do producers lose or gain?

The importing country in which tariff is imposed, the producers gain. The very reason why the tariffs are imposed is to ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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