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Ivahew [28]
2 years ago
9

9. Lobbying for or against trade restrictions Trade restrictions affect the overall welfare of an economy because they change th

e price consumers pay for a good and the quantity produced and consumed domestically. Trade restrictions, such as tariffs, usually benefit domestic and hurt domestic because they the domestic price of a good. True or False: Producers find it difficult to exert the political influence needed to establish trade restrictions because the benefits to producers are very small and widely dispersed, which makes it difficult for producers to organize. True False
Business
2 answers:
Verizon [17]2 years ago
7 0

Answer:

Lobbying for or against trade restrictions:

Trade restrictions affect the overall welfare of an economy because they change the price consumers pay for a good and the quantity produced and consumed domestically. Trade restrictions, such as tariffs, usually benefit domestic and hurt domestic because they the domestic price of a good.

<u>True </u>

Producers find it difficult to exert the political influence needed to establish trade restrictions because the benefits to producers are very small and widely dispersed, which makes it difficult for producers to organize.

<u>False</u>

Explanation:

Triss [41]2 years ago
7 0

Answer:

1. True

2. False

Explanation:

Hope this helps

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