Economy, asked by Somiyaprasad4658, 19 days ago

Tarrif benefits domestic produce by

Answers

Answered by javeriyanoushi25
1

Explanation:

tarrif mainly benefits the importing countries as they are rhe ones setting the policy and Receiving the money. Tarrifs can also serve as an opening point for negotiations between two countries

Answered by taesugk
1

a tariff also generates revenues for the government of the importing country (revenue function). Tariffs therefore benefit the government and producers of the importing country in the form of tax revenues and producer surpluses at the expense of its consumers in the form of higher prices.

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