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violin13 violin13
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5 years ago
A tariff on imported goods produced by an unlimited industry could benefit the members of the domestic union since the tariff would most likely

• decrease the cost of the imported goods.

• lower the price of the output that workers purchase.

• increase the demand for domestic, union-made goods.

• lower the domestic production of the good and increase wages.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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sliceofoctopisliceofoctopi
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violin13 Author
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5 years ago
Thanks
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