ECO 372 Week 5 Discussion Question 2 - 87490

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Who benefits from a tariff or quota? Who loses? Why would domestic markets benefit from protectionist trade policies? How do protectionist trade policies affect a government’s wealth and fiscal policy? Who benefits from a tariff or quota? - The country that is importing the goods benefits from a tariff. There are several types of tariffs and barriers: specific tariffs, ad valorem tariffs, licenses, import quftas, voluntary export restrains, and local tariffs. The intention of..
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Who benefits from a tariff or quota? Who loses? Why would domestic markets benefit from protection

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