Tariffs and import quotas would beneﬁt the following groups, except

Question

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Tariffs and import quotas typically increase prices for consumers of the product, so consumers would not benefit from them. However, domestic producers of the product, workers in domestic firms producing the product, and the government of the importing country could benefit from them by protecting domestic industries, creating jobs, and generating revenue through tariffs or import quotas.

Tariffs and Import Quotas Would Beneﬁt the Following Groups, Except