Discuss why a tariff on imports violates the principle of comparative advantage and makes winners out of

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Discuss why a tariff on imports violates the principle of comparative advantage and makes winners out of losers and losers out of winners.
Who bears the cost of import barriers protecting a job where the industry employing labor has lost its comparative advantage? Consider the use of tariffs on steel imports into the U.S. during the recent Bush Administration.
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International Economics Theory and Policy

ISBN: 978-0273754206

9th Edition

Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz

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