Question
We can consider the case where wine producers in Chile are set to tax the wines imported from France with a tax. They considered that
We can consider the case where wine producers in Chile are set to tax the wines imported from France with a tax. They considered that this tax would increase both the tax revenues of the State and employment in the Chilean wine industry. What kind of economic argument is this in relation to international trade? Do you agree or disagree with the argument presented by wine producers in Chile? If the state government adopts this position, do you consider it a good economic policy or not? Briefly explain your answers using the concepts of international trade discussed in your textbook.
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