Relative to free trade,domestic consumers of a good are ________ off with a tariff because of the ________.

Name: Relative to free trade,domestic consumers of a good are ________ off with a tariff because of the ________.
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Question

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Tariffs increase the price of imported goods, which reduces domestic consumers' purchasing power. This results in a decrease in the quantity demanded, which leads to a shortage of goods. Therefore, domestic consumers are worse off with a tariff.

Relative to Free Trade,domestic Consumers of a Good Are ________