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Select all that apply According to various studies, how do trade protections, such as tariffs and quotas, tend to affect domestic society? Multiple select question.
Select all that apply According to various studies, how do trade protections, such as tariffs and quotas, tend to affect domestic society? Multiple select question. Consumers and government benefit, while producers experience dwindling profits. The cost to consumers and society exceeds the gains to producers and the government. Some trade protections increase government revenues. A few producers benefit, but most suffer devastating losses
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