It is difficult to gauge the effect of tariff barriers among countries. Clearly, the way in which import demand responds to changes in tariffs will depend on a variety of factors. These include the reaction of producers and consumers to price changes, the share of imports in domestic production and consumption, the substitutability of imports for domestic products, and so on. The reaction to tariff levels will differ from country to country as well as from commodity to commodity. Thus, the amount of a tariff does not necessarily determine its restrictive effect. Typically, such comparisons apply only to products for which tariffs are the major protective device. This is generally true for nonagricultural products in developed countries (other strategies, such as import quotas, are a common means of protecting agricultural commodities). Although tariffs on imported raw materials will protect domestic producers of those commodities, such tariffs will also increase the costs to domestic manufacturers who use those raw materials. Q1. Using the above explanation ; Analyze how do the Tariffs and Modern Trade? discuss why the Organizations like the WTO attempt to reduce production and consumption distortions created by tariffs? Give your opinion with example fro your country (CL