Who benefits from a tariff or quota? Who loses from a tariff or quota? What are the positives and negatives of protectionist trade policies on the part of the federal government? Which policy do you think is best right now?© BrainMass Inc. brainmass.com December 15, 2022, 8:04 pm ad1c9bdddf
The local businesses or industries benefit from tariff or quota as such import barriers protect these businesses or industries from foreign competition. Foreign businesses that wish to explore market opportunities in a country lose from such tariff or quote as such import barriers erodes their ...
Who benefits from a tariff or quota? Who loses from a tariff or quota?