Sup, iam Florence Roque, Have a pleasant day.
What Was A Positive Effect Of High Tariffs? [Solved]
The increased production and higher price lead to domestic increases in employment and consumer spending. The tariffs also increase government revenues that can be used to the benefit of the economy. All of this sounds positive.
Trade and tariffs | APⓇ Microeconomics | Khan Academy
When governments impose restrictions on international trade, this affects the domestic price of the good and reduces total surplus.
🚧 Exports and Imports | Protectionism, Tariffs and Who Benefits From Them
Is exporting more important than importing? Who benefits from
Sewon Hur: On the Distributional Effects of International Tariffs
Day 2 of the 2020 Trade Dynamics Annual Workshop.