A country's population as a whole will benefit from import restrictions.

Question

Quizplus · Accepted Answer

Import restrictions can lead to higher prices for imported goods, reduced competition, and reduced access to goods that may not be available domestically. This can negatively impact consumers and businesses who rely on imported goods. Additionally, other countries may retaliate with their own import restrictions, leading to a reduction in international trade and potentially harming the country's overall economy.

A Country's Population as a Whole Will Benefit from Import