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What are the disadvantages of the use of tariffs 2024?

Ruby Flores | 2023-05-07 14:46:07 | page views：1273
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Benjamin Patel

Works at the International Renewable Energy Agency, Lives in Abu Dhabi, UAE.
It raises the price of an imported good, making it more expensive than similar domestic goods. The idea is to increase demand for domestic products while reducing the volume of imports. Tariffs also provide a source of revenue for the country levying them.
2023-05-07 14:46:07
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Benjamin Gonzales

QuesHub.com delivers expert answers and knowledge to you.
It raises the price of an imported good, making it more expensive than similar domestic goods. The idea is to increase demand for domestic products while reducing the volume of imports. Tariffs also provide a source of revenue for the country levying them.
The Disadvantages of Tarrifs & Quotas | Chron.com
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