Question: Why do tariffs make import products more expensive? Report an error They increase the number of health and security checks a product has to go
Why do tariffs make import products more expensive?
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They increase the number of health and security checks a product has to go through, thus increasing cost.
They decrease the number of products that can enter the domestic market, limiting the economy of scale impact.
They place a special tax on the product which directly increases costs.
They limit the type of products that can enter the domestic market, forcing the producer to adjust to the regulation.
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