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effects on balance of trade, growth, inflation, employment...what do these effects depend upontariff graphmarshall-lerner conditionall that good stuff :)

Market forces can lead to a fairer distribution of income from the trickle down effect. This is where those on high incomes will spend their money, which creates demand for goods and services, as a result...

Two causes of inflation include an increase in the price of oil and a depreciation of the pound. An increase in the price of oil will cause the costs of production for producers to rise, such as when fuel...

1. Emissions from power stations cause healthcare costs to local residents.2) Pollutants cause increasing health costs which the taxpayer has to meet(A negative externality is a spillover cost affectin...

There are many effects of tariffs. In an A- level exam a student would be expected to make a several points, with several chains of reasoning, with an evaluation, ending with a conclusion. An Example of o...