"The higher the tariff, the more domestic production is increased. Thus, a prohibitive tariff is socially optimal." Explain the validity of this statement.

Name: "The higher the tariff, the more domestic production is increased. Thus, a prohibitive tariff is socially optimal." Explain the validity of this statement.
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The Answer of "The higher the tariff, the more domestic production is increased. Thus, a prohibitive tariff is socially optimal." Explain the validity of this statement.

"The Higher the Tariff, the More Domestic Production Is Increased