An intriguing answer form tutor2u
http://www.tutor2u.net/blog/index.php/economics/comments/do-tariffs-actually-reduce-imports/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:01:31:00Z
Saturday, May 28, 2011
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The simple answer is no, they don't work. All they do is drive up prices domestically and start trade wars.
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