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Suppose the United States imposed a tariff on imported sugar. What are the consequences of this...

Suppose the United States imposed a tariff on imported sugar. What are the consequences of this on consumer, domestic and foreign producers, and land use?

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If the government will impose tariff on the imported sugar then the price of the imported sugar will rise and the consumers will have to pay more for the sugar which was imported . This is because now the importers will have to spend more money on importing the sugar hence they will charge more form the consumers.

There is a benefit in this for the domestic producers, as the imported sugar price will rise its demand will fall and the demand for the domestic production of sugar will increase to meet the demand for the sugar but the foreign producers will be discouraged because their exports will decrease as a result of the tariff on imported sugar of US.

The land use pattern will shift more towards the production of sugarcane in order to meet the requirement of sugar in the economy.

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