Question: We generally expect to observe higher tariffs in final consumption goods' sectors and lower tariffs on inputs and intermediate goods sectors. Discuss this statement using
"We generally expect to observe higher tariffs in final consumption goods' sectors and lower tariffs on inputs and intermediate goods sectors." Discuss this statement using the arguments from International Trade theory and protectionism, explaining which groups will gain and loose because of the tariffs in the different types of sectors, and the possible differences in their lobbying power.
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