Many countries engage in trade protection by imposing import tariffs or quotas for at least some goods.This is because:

A) economists have established that such restrictions are welfare-improving for certain categories of goods (such as raw materials) .
B) such restrictions tend to benefit consumers without harming producers.
C) while such restrictions harm consumers,they benefit producers,who are usually a more cohesive and politically influential group.
D) while such restrictions harm consumers and benefit producers,the losses to consumers are outweighed by the gains to producers.

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vaneet saini · Accepted Answer

Final Answer : C, Explanation :  Trade protection measures like import tariffs or quotas usually harm consumers, as they have to pay higher prices for the goods they need or want. However, producers, who are protected from foreign competition, benefit from the higher prices and decreased competition. Producers are often a more cohesive and politically influential group than consumers, which is why trade protection measures are often implemented despite the negative effects on consumers.

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