A tariff will benefit
A. domestic producers by maintaining a higher than free-trade price.
B. foreign producers by allowing them to sell at a higher price in markets with tariffs.
C. consumers who are able to better afford domestically produced goods.
D. All of the above answers are correct.
Answer:A
A tariff will benefit
A. domestic producers by maintaining a higher than free-trade price. B. foreign producers by allowing them to sell at a higher price in markets with tariffs. C. consumers who are able to better afford domestically produced goods. D. All of the above answers are correct.