A tariff imposed on Canadian imports into Japan tends to _____ Canadian producers and _____ Japanese producers.

Question

Quizplus · Accepted Answer

A tariff imposed on Canadian imports into Japan tends to penalize Canadian producers by making their products more expensive and less competitive in Japan's market. At the same time, it may benefit Japanese producers by protecting them from foreign competition and giving them an advantage in their domestic market.

A Tariff Imposed on Canadian Imports into Japan Tends to _____