Tariffs and import quotas meant to increase domestic employment also eliminate domestic jobs in
export industries.

Name: Tariffs and import quotas meant to increase domestic employment also eliminate domestic jobs in export industries.
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Question

Quizplus · Accepted Answer

Tariffs and import quotas make foreign goods more expensive, which can lead to lower demand for exports from domestic industries. This can result in job losses in those industries, offsetting any job gains in industries that benefit from the tariffs or quotas.

Tariffs and Import Quotas Meant to Increase Domestic Employment Also