Friday, May 23, 2008

Unit 3: Disadvantages of imposing tariffs

From tutor2u comes this interesting insight into thenegative consequences of imposing tariffs on imports

http://www.tutor2u.net/blog/index.php/economics/comments/tariff-taken-to-the-cleaners/

a) Given the consequences outlined, what possible arguments could there be for keeping the tariff?

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