If it would be cheaper to give each steelworker $375,000 per year in cash than impose restrictions

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If it would be cheaper to give each steelworker $375,000 per year in cash than impose restrictions on imports of steel, why do we have the import restrictions rather than the cash payments?

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The Economics of Public Issues

ISBN: 978-0134018973

19th edition

Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North

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Question Posted: Oct 20, 2018 08:17 AM

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If it would be cheaper to give each steelworker $375,000 per year in cash than impose restrictions

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The Economics of Public Issues

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