Recall Application 1, "The Impact of Tariffs on the Poor," to answer the following questions:
-After reading the application, we can conclude that U.S. tariffs hurt poor consumer's the disproportionately because:

Question

Quizplus · Accepted Answer

The application states that U.S. tariffs fall heavily on labor-intensive goods, are on goods like apparel items that poor consumers spend a larger fraction of income on, and fall heaviest on the lowest price goods in a category. Therefore, all of these factors contribute to U.S. tariffs hurting poor consumers disproportionately.