Tariffs tend to exact a cost on countries as a whole because they lessen citizens' gains from trade.

Name: Tariffs tend to exact a cost on countries as a whole because they lessen citizens' gains from trade.
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Tariffs generally lead to higher prices for imported goods, which reduces the quantity demanded and overall welfare of consumers. This can ultimately result in reduced gains from trade, affecting the country as a whole.

Tariffs Tend to Exact a Cost on Countries as a Whole