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tensa zangetsu [6.8K]
3 years ago
8

Who benefits from tariffs on imported goods? How?

History
1 answer:
xenn [34]3 years ago
4 0

can i get brainliest plz i need it so i can move on to the next level thanks!

Explanation: Tariffs increase the prices of imported goods. Because of this, domestic producers are not forced to reduce their prices from increased competition, and domestic consumers are left paying higher prices as a result. The benefits of tariffs are uneven. Because a tariff is a tax, the government will see increased revenue as imports enter the domestic market. Domestic industries also benefit from a reduction in competition, since import prices are artificially inflated

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