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What are the benefits of a tariff 2024?
tariff benefit
Questioner:William Foster 2023-05-07 14:54:16
The most authoritative answer in 2024
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Julian Clark——Works at the International Finance Corporation, Lives in Washington, D.C., USA.
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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