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

Question

Quizplus · Accepted Answer

Producers benefit from the tariff because it makes imported goods more expensive, giving domestic producers a price advantage. The government benefits from the revenue generated from the tariff. Consumers, on the other hand, face higher prices, so they lose out.

The Winners from a Tariff on Imports Are