Question

In 2 or 3 sentences, give two disadvantages of a tariff.

Answer 1

The not only raise the price of imports, leading to a decrease in consumer surplus. And high tariffs may lead to trade wars between nations

Answer 2

Answer:

Explanation:

  Depending on the type of tariff, you may not get back what you paid for; can be an abusive value and this could economically affect your income and finally tariif is not a good thing to pay, as bank tariif that, most of time, they force us to pay without even asking for this discount on our account. I think that these are two (in this case I wrote three) disadvantages of a tariff.