Discuss who gains and who loses from a tariff

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Reference no: EM13110010

Discuss why would cash transfers typically be preferred by recipients over in-kind transfers? What are the pros and cons of each from a government perspective?

Discuss who gains and who loses from a tariff? How do the effects of tariffs differ from the effects of quotas? If you were a small country, what would you rather utilize?

Reference no: EM13110010

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