Who are the winners and losers when the government implements tariffs and quotas?© BrainMass Inc. brainmass.com October 9, 2019, 8:07 pm ad1c9bdddf
The main beneficiaries of import tariffs and quotas are certainly the domestic businesses. The main purpose of such tariffs and quotas on imported goods by the government is to protect the domestic industries and businesses, as such tariffs and quotas provide acts as an advantage to the domestic entities against their foreign counterparts. ...
Who are the winners and losers when the government implements tariffs and quotas?