Genesiscat1568 Genesiscat1568
  • 21-07-2022
  • SAT
contestada

When a tariff or quota on a product is removed, this policy action

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OlanmaE
OlanmaE OlanmaE
  • 25-07-2022

When a tariff or quota on a product is removed, this policy action:

  • Benefits consumers of the product

What is a tariff?

A tariff is a duty or tax that organizations and governments expect consumers to pay for a product.

Most times, consumers are not happy when a tariff is placed on a product. So, if it is removed, they will benefit because they will pay less.

Learn more about a tariff here:

https://brainly.com/question/1172085

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