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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?

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Who benefits from a tariff or quota? Who loses from a tariff or quota?

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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 ...

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Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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