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effects of tariffs and quotas on international competition

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What are the effects of tariffs and quotas on international competition? Discuss 2 recent examples and how it effected your employer's industry(retail electronics).

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The effects of tariffs and quotas on international competition are articulated.

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Effects of Tariffs and Quotas

All these are measures to regulate cross border transactions. These are the ways to promote or restrict the import or export from one country to other country or countries. Let us understand one by one. Quota is a restriction by one country on the other countries of imports. This restriction is in nature of quantity. For eg if Usa imposes restriction on India on the imports from Indian ...

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