Advocates of steel tariffs to protect American steel firms realize that when imposing such tariffs the gains of firms are outweighed by the losses to consumers.This implies that

Question

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Advocates of steel tariffs are willing to impose tariffs even though it results in higher prices for consumers. Therefore, it can be concluded that such advocates value producer surplus (the gains of steel firms) more than consumer surplus (the benefit to consumers).

Advocates of Steel Tariffs to Protect American Steel Firms Realize