What parties benefit from the imposition of tariffs and quotas? What parties lose from the imposition of tariffs and quotas?© BrainMass Inc. brainmass.com October 5, 2022, 6:55 pm ad1c9bdddf
Imposition of tariffs and quotas are the ways to promote or restrict the import or export from one country to other country or countries. This type of measure is known as protectionist measure by the country to protect the domestic Industry from the foreign competition. This will help the country's manufacturers where tariff is imposed.
Imposition of tariffs and quotas is discussed.