answersLogoWhite

0


Best Answer
User Avatar

Watson Dooley

Lvl 13
2y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

14y ago

The benefits of protectionist policies are to the industry that has to compete on world markets either with its exports or against imports. Even this may be a short-run benefit, because industries that are protected may become so inefficient and outmoded that they are unable to stay afloat even with the protection in the long run. There may also be some political benefits as those protected groups have a strong self interest in this protection and are vocal opponents of free trade for their industries, whereas the benefits of free trade are more diffuse and the benefits to any single group of voters is less noticeable. The costs of protectionist policies are more widespread. The costs of protectionist policies arise because resources are not being used as efficiently as they might be under free trade. This raises the cost of production and raises prices, and means the total quantity of world output produced and consumed is not as great as it could be without such barriers. Consumers lose since they must pay higher prices, but worldwide producers also lose because productivity is not as high as it could be.

This answer is:
User Avatar

User Avatar

Wiki User

13y ago

Free trade consists in few or no limits on trade between countries. Who would benefit? A good example for this topic would be us Americans ,it would enable more goods and services to reach American consumers at lower prices.

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

The Government Benifitd From The Terrifs And Quotos

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

nobody

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Who benefits from trade barriers inefficient or efficient producers?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why is bush fallowing an inefficient farming system in Ghana?

self benefits


What are the benefits of efficient updating in database?

DO YOUR RESEarch11


What are the Operational and economic benefits of an efficient layout?

what are the operational and economic benefit of an efficient layout


What are the benefits to the environment for being a fuel efficient driver?

ddd


A.Give the factors that affect our healthB.What are the common barriers to change our lifestyleC.Give the benefits of exercise?

hi


What is one of the benefits of e-commerce?

I think e-commerce benefits are: * It allows business without barriers of time. * It allows business without barriers of distance. * It increase categorical products too. * It also eliminates processing errors. * It Expanded Geographical Reach.


Do tv producers get beneifits?

About 80% of all producers in TV are Freelance. They are a "for-hire" employee so they do not get benefits. They usually make a bit more than "staff" producers. Although they exist, staff producer positions with benefits are very rare. You need to get into the corporate side before you can start to see benefits. Corporate positions rarely open up though.


What retirement benefits do music producers have?

Most music producers retire at the age of 63 and they continue making money until they pass on!! XD


Why do tariffs result in benefits for domestic producers but costs for domestic consumers?

They just do


What is one of the benefits e-commerce brings?

I think e-commerce benefits are: * It allows business without barriers of time. * It allows business without barriers of distance. * It increase categorical products too. * It also eliminates processing errors. * It Expanded Geographical Reach.


What are the benefits of a pressure cooker?

There are a select few benefits to using a pressure cooker. The benefits to using this device are as follows: healthy, efficient, safe and versatile.


What are the benefits of relational database?

There are many benefits of a relational database. Some benefits include the simplicity to edit or delete details, efficient storage, and better security.