The principle benefit of tariff protection goes to
A)the domestic government.
B)foreign consumers of the good produced.
C)domestic consumers of the good produced.
D)foreign producers of the good produced.
E)domestic producers of the good produced.

Question

Quizplus · Accepted Answer

Tariff protection primarily benefits domestic producers by making imported goods more expensive, thus reducing competition and allowing domestic producers to sell more of their goods at higher prices.

The Principle Benefit of Tariff Protection Goes to