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Social Studies

2 answers:

GalinKa [24]3 years ago

7 0

Answer:

Tariffs mainly benefit the importing countries, as they are the ones setting the policy and receiving the money. The primary benefit is that tariffs produce revenue on goods and services brought into the country. Tariffs can also serve as an opening point for negotiations between two countries.The increased production and higher price lead to domestic increases in employment and consumer spending. The tariffs also increase government revenues that can be used to the benefit of the economy. All of this sounds positive.

Explanation:

Andre45 [30]3 years ago

4 0

The primary benefit is that tariffs produce revenue on goods and services brought into the country. ... Tariffs can also support a nation's political goals, and help the country stabilize or regulate its own industries.

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