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  • 1. If a country imposes a barrier (such as tariffs) against imports what is likely to happen to the price and amount of imported goods?
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  • 2. Is anyone made worse off as a result of tariffs on imports?
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  • 3. What are some arguments in favor of imposing trade tariffs?
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  • 4. Why are industries (a relatively small group of people compared to the group of consumers affected by trade barriers) so effective in lobbying for trade restrictions?
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