Question

Whose interests should be the paramount concern of government trade policy: the interests of producers (businesses and their employees) or those of consumers?

Answer 1

Answer:

interests of consumers

Explanation:

The long run interests of consumers should be the paramount concern of government government trade policy. Consumers are negatively impacted by only a few dollars and producers have a great deal at stake. Employees may lose jobs if there are more efficient foreign competitors. In such a situation, government should help these employees to get jobs where they can be efficiently employed.