One reason why consumers are unlikely to be too upset about tarif O tariffs are an inexpensive way to create jobs. most consumers benefit from protection. O the costs are so spread out that no one pays a big share of the total. O consumer losses are not real losses.

Q: sentor Domestic Market with Trade World Price Specifically, at the world price of $60, what is the…

A: The measure that depicts various quantities of goods that are being provided by producers at…

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A: Multinational corporations (MNCs) can have each positive and negative impacts on consumers and the…

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A: Many countries have taken a step ahead for providing free education to students at primary and…

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A: Explanation:- Reson of follows bellow •Trade may be a pretty weak foundation that to make a polity…

Q: True/ False What is the advantage of involving in international trade for a nation.

A: The definition of international trade is the transfer of products, capital, and services across…

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A: Protectionism refers to restrictions impose on free trade. It is mainly imposed to protect the…

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A: Producer surplus is the surplus earned by the producers due to the difference between the price and…

Q: how can tariffs  increase employment ?

A: Tariffs and Employment: Free markets make sure the free movement of goods and services. This leads…

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A: A subsidy, sometimes known as a government incentive, is a type of financial help or support given…

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A: The objective of the question is to understand the difference between a customs union and a…

Q: not use ai please

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Q: What is trade barrier?

A: We can define international trade as the exchange of goods and services across the countries.

Protective Tariffs

A tariff is a kind of tax that is charged on exported and imported items. It means tariff is charged on both kinds of goods i.e., exported and imported. However, some goods may be exempted from this kind of tariff. Protective Tariffs refer to the charges which a country charged on imported goods to protect its domestic market. It also protects countries Industrialists in their Production. So, that their markets remain intact and do not get dumped by outside supply.