The Hidden Cost of Tariffs: How Protectionism Misallocates Resources
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YouTubeAman
The Hidden Cost of Tariffs: How Protectionism Misallocates Resources
The explanation walks through a simple but powerful idea: when one industry gets artificial demand support through tariffs, it pulls in a disproportionate share of raw materials, suppliers, engineers, and human capital. Finance professionals understand this as a classic resource misallocation problem. Protectionism shifts incentives, distorts ...
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