Question

A tariff imposed on german imports into the united states tends to _____ american producers and _____ german producers.

Answer 1

A tariff imposed on German imports into the united states tends to benefit american producers and penalize German producers.

A tariff is a kind of tax imposed by a country at the border on an imported good. Tariffs have traditionally been used by governments to collect revenue, but they are also used to protect domestic producers. Tariffs used by governments to benefit specific industries are frequently used to protect businesses and jobs.

Tariffs usually benefit importing countries because they are the ones enforcing the tariff and collecting the earnings. Tariffs benefit domestic businesses as well because they make their goods cheaper than goods imported, increasing their product demand.

Know more about tariff here

brainly.com/question/22685610

#SPJ4