The winners from a tariff on imports are
A) producers and government.
B) producers.
C) consumers.
D) consumers, producers, and government.

Question

Quizplus · Accepted Answer

Tariffs on imports benefit domestic producers by providing them with protection against foreign competitors, as the added cost makes foreign goods more expensive. The government also benefits through the collection of tariff revenues. Consumers, however, typically face higher prices and reduced choices, making them losers in this scenario.

The Winners from a Tariff on Imports Are