Explain Why a Government Would Impose an Import Tariff When

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The Answer is The tariff may be a product of producer rent seeking.Each producer will gain a relatively large amount compared to the loss of each consumer.The producers may be able to coordinate their rent seeking activities.Each consumer will only lose a relatively small amount so it is unlikely that consumers will coordinate a protest to the tariff.

Explain Why a Government Would Impose an Import Tariff When

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Explain Why a Government Would Impose an Import Tariff When

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