Consumers will benefit from a tariff,because it helps domestic firms and generates revenue for the government.

Name: Consumers will benefit from a tariff,because it helps domestic firms and generates revenue for the government.
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Question

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While a tariff may protect domestic firms from foreign competition, it ultimately increases the price of goods for consumers. The revenue generated from tariffs may go towards the government, but it is at the expense of consumers who have to pay higher prices for goods.

Consumers Will Benefit from a Tariff,because It Helps Domestic Firms