Tariffs, that is taxes on imports or exports, have been part of the policy toolkit since biblical
Fantastic news! We've Found the answer you've been seeking!
Question:
Tariffs, that is taxes on imports or exports, have been part of the policy toolkit since biblical times; and some attribute the economic depression in the 1930s to high tariffs. The United States and many other nations reduced tariffs to negligible rates, but recently that trend has seen some reversals. Under the AS-AD model (aggregate supply and demand curve) how would the curve change if tariffs increased
Posted Date: