The winners from a Japanese tariff on imported cars are
I. Japanese car producers
II. Japanese car consumers
III. The Japanese government

Question

Quizplus · Accepted Answer

Japanese car producers benefit from reduced competition, allowing them to potentially increase market share and prices. The Japanese government benefits from the revenue generated by the tariff. Japanese car consumers, however, face higher prices and reduced choices, making them losers in this scenario.

The Winners from a Japanese Tariff on Imported Cars Are