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InterviewSolution
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Think about one advantage and one disadvantage each, of tariffs. |
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Answer» ges__________Tariffs mainly benefit the importing countries, as they are the ONES setting the policy and receiving the money. The primary benefit is that TARIFFS produce revenue on GOODS and services brought into the country. Tariffs can also serve as an opening point for negotiations between two countries.Disadvantages____________while existing research has mostly documented NEGATIVE consequences of the tariff increases on the broad economy–including higher prices, lower consumption, reduced business investment, and DROPS in the valuations of affected firms–some might view these effects as an acceptable cost for achieving the policy aim.Explanation:Hope this helps !!! |
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