Select a developed country that has implemented a tariff

Select a developed country that has implemented a tariff

Select a developed country that has implemented a tariff, and a developing country that manufactures products that are impacted by that same tariff. “”The current US and China tariff “war” cannot be used since these are the two largest economies in the world””.

Investigate the impact of the trade barrier on the developing country’s business sector and quantify the impact, if possible. Would you recommend that the developed country eliminate the tariff? Explain your reasoning.

Example : USA – India or USA- Europe or USA – Mexico

 

Answer preview:

Impact of Duty-Free Tariff

Words:334