Brazilian ethanol producers (who make ethanol from sugarcane) have lower production costs than U.S. producers. Until 2012,
Question:
Brazilian ethanol producers (who make ethanol from sugarcane) have lower production costs than U.S. producers. Until 2012, Congress protected U.S. producers from Brazilian competition by imposing an import tariff of nearly 60 cents per gallon on Brazilian ethanol. If Congress really cares about protecting the environment and reducing our reliance on foreign crude oil, why do you suppose we had a large import tariff on ethanol?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
We had the tariff because the benefits of the tariff were highly concentrated among a relatively sma...View the full answer
Answered By
Kiran Sengar
I am an Engineer. I am B.Tech (Electronics and Communication) degree holder.I passed engineering with first class marks. I was a science student, so I have very good knowledge of physics and mathematics. My engineering branch is completely based on physics and advance mathematics. I have very good knowledge of each and every subject of my core branch and I would love to share my knowledge with all other student who need it. I am kind of teacher who teach complex things in easy language from basic to advance level based on student's understanding level. I belief in knowledge is increasing by sharing so I try to help students by giving my as much time as possible and 100% afford.
0 Reviews
10+ Question Solved
Related Book For 
The Economics of Public Issues
ISBN: 978-0134018973
19th edition
Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North
Question Posted:
