Question
If it has been decided that protection is to be given, industry players usually prefer quotas and economic advisers to governments generally argue for subsidies
If it has been decided that protection is to be given, industry players usually prefer quotas and
economic advisers to governments generally argue for subsidies or tariffs. Why might there be
a difference of opinion between these two groups? Would it make any difference which
protection was chosen if market demand were constant?
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
2nd edition
1464187029, 978-1464189104, 1464189102, 978-0716759751, 716759756, 978-1464187025
