Economics 13th Edition by James Gwartney, Richard Stroup, Russell Sobel, David Macpherson

تمرين 5

"An increased scarcity of a product benefits producers and harms consumers. In effect, tariffs and other trade restrictionsincrease the domestic scarcity of products by reducing the supply from abroad. Such policies benefit domestic producers of the restricted product at the expense of domestic consumers." Evaluate this statement.