Who Gains and Who Loses from a Protective Tariff? Explain

question 39

Essay

Who gains and who loses from a protective tariff? Explain.

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Definitions:

Seafloor

The bottom surface of the ocean, covering a vast area and consisting of various geological features like underwater volcanoes, canyons, and plains.

Uplifted

The process by which regions of the Earth's crust are raised to higher elevations, often due to tectonic forces.

Tsunami

A series of ocean waves with very long wavelengths caused by large-scale disturbances under the ocean, such as earthquakes or volcanic eruptions.

Oceanic Trench

Deep, elongated depressions in the ocean floor caused by the subduction of one tectonic plate under another.