A tariff causes domestic firms to __________ and consumers to __________.

Name: A tariff causes domestic firms to __________ and consumers to __________.
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Question

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Tariffs protect domestic firms by making foreign goods more expensive, encouraging domestic production (overproduction) but making goods more expensive for consumers, leading to underconsumption.

A Tariff Causes Domestic Firms to __________ and Consumers to __________

A Tariff Causes Domestic Firms to and Consumers to