What motivates politicians to impose tariffs, quotas,and other trade restrictions?



Answer:
Re-election and political rhetoric.
MONEY.
It is all about getting the votes of those most affected by whatever the Tarrif Quota or Trade Restriction is imposed on.
it all depends on the circumstances, at times to promote internal industries of a country and some other times to get more taxes. it is a way through which the government regulates the economy (usually the import and exports)
Inflation and unemployment.

The answers post by the user, for information only, FunQA.com does not guarantee the right.



More Questions and Answers:
More Questions and Answers:
  • what % of americans live below the poverty level?
  • Looking for some information on Ireland?
  • Are you better off financially as a result of our countries move to conditions favorable to the global economy
  • Rep vs. Demo (economy views)?
  • The productivity of labor increases in firm X which is in a monopoly situation As a result in the short run?
  • Microeconimics, elasticity?
  • Are we headed for a severe economic recession?
  • Isnt capitalism and communism two sides of the same coin?is there a way out?
  • Please tell me the derivative of those two equation?